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001122334455554433221100

ubs group acquires significant stake in ora banda mining

UBS Group AG has acquired a 6.27% voting stake in Ora Banda Mining, marking a significant investment that could influence the company's market position and stakeholder dynamics. This development, effective March 18, 2025, highlights UBS's growing interest in the gold mining sector, where Ora Banda focuses on exploration and development. The company currently boasts a market cap of A$2.13 billion and has seen a year-to-date price performance increase of 66.92%.
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