Mining
By Frank Prenesti
Date: Tuesday 16 Oct 2018
LONDON (ShareCast) - (Sharecast News) - BHP on Tuesday said it had spent £45.6m to lift its stake in SolGold, which owns the Cascabel copper-gold project in Ecuador.
The mining giant took an initial 6% stake in SolGold six weeks ago and now has 11.2%.
Under the deal, BHP will buy 100m new shares in the company at 45p a 32% premium to the stock's 20 day average weighted closing price.
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| Currency | UK Pounds |
| Share Price | 17.58p |
| Change Today | 0.000p |
| % Change | 0.00 % |
| 52 Week High | 19.52p |
| 52 Week Low | 5.62p |
| Volume | 11,757,721 |
| Shares Issued | 3,002.77m |
| Market Cap | £527.89m |
| Beta | 1.43 |
| RiskGrade | 365 |
| Value |
|
|---|
| Price Trend |
|
|---|
| Income | ![]() |
|---|
| Growth | ![]() |
|---|
| Strong Buy | 2 |
| Buy | 1 |
| Neutral | 0 |
| Sell | 0 |
| Strong Sell | 0 |
| Total | 3 |

| No dividends found |
| Time | Volume / Share Price |
| 16:35 | 7,062,053 @ 17.58p |
| 16:35 | 7,404 @ 17.58p |
| 16:35 | 110,281 @ 17.58p |
| 16:35 | 7,404 @ 17.58p |
| 16:35 | 30,942 @ 17.58p |
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