--- title: "Wanguo Gold Chairman Lifts Stake, Signals Confidence in Growth Prospects" type: "News" locale: "en" url: "https://longbridge.com/en/news/282364539.md" description: "Wanguo International Mining Group Ltd. announced that its chairman, Mr. Gao Mingqing, increased his stake to 25.62% through open-market purchases of 2,030,000 shares. This move reflects his confidence in the company's growth prospects. Despite the increase in insider ownership, the company maintains a sufficient public float and advises caution to investors. The latest analyst rating for the stock (HK:3939) is a Buy with a price target of HK$16.00. Wanguo Gold Group focuses on gold mining and related resources, serving both regional and international markets." datetime: "2026-04-10T15:10:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282364539.md) - [en](https://longbridge.com/en/news/282364539.md) - [zh-HK](https://longbridge.com/zh-HK/news/282364539.md) --- # Wanguo Gold Chairman Lifts Stake, Signals Confidence in Growth Prospects ### Easter Sale - 70% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Wanguo International Mining Group Ltd. ( (HK:3939) ) has issued an update. Wanguo Gold Group Limited reported that its founder, chairman and executive director, Mr. Gao Mingqing, increased his stake in the company via his wholly owned vehicle, Victor Soar Investments Limited. Following open-market purchases totaling 2,030,000 shares on 1 and 2 April 2026, Victor Soar now holds about 25.62% of the company’s issued share capital. The board said the additional share purchases underscore Mr. Gao’s strong confidence in Wanguo Gold Group’s growth prospects and his long-term commitment to the business. Despite the higher insider ownership, the company noted that it continues to maintain sufficient public float in its shares, and advised shareholders and potential investors to exercise caution when dealing in the stock. The most recent analyst rating on (HK:3939) stock is a Buy with a HK$16.00 price target. To see the full list of analyst forecasts on Wanguo International Mining Group Ltd. stock, see the HK:3939 Stock Forecast page. **More about Wanguo International Mining Group Ltd.** Wanguo Gold Group Limited is a Hong Kong-listed mining company focused on gold and related mineral resources. The group engages in exploration, mining, and production activities, serving demand for precious metals in regional and international markets through its portfolio of operating and development-stage assets. **Average Trading Volume:** 49,552,581 **Technical Sentiment Signal:** Buy **Current Market Cap:** HK$63.37B See more data about 3939 stock on TipRanks’ Stock Analysis page. ### Related Stocks - [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md) - [KGC.US](https://longbridge.com/en/quote/KGC.US.md) - [09824.HK](https://longbridge.com/en/quote/09824.HK.md) - [82824.HK](https://longbridge.com/en/quote/82824.HK.md) - [GDXJ.US](https://longbridge.com/en/quote/GDXJ.US.md) - [AEM.US](https://longbridge.com/en/quote/AEM.US.md) - [UGL.US](https://longbridge.com/en/quote/UGL.US.md) - [NUGT.US](https://longbridge.com/en/quote/NUGT.US.md) - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) - [GDXY.US](https://longbridge.com/en/quote/GDXY.US.md) - [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md) - [GDX.US](https://longbridge.com/en/quote/GDX.US.md) - [GOAU.US](https://longbridge.com/en/quote/GOAU.US.md) - [RING.US](https://longbridge.com/en/quote/RING.US.md) - [JNUG.US](https://longbridge.com/en/quote/JNUG.US.md) - [GDXW.US](https://longbridge.com/en/quote/GDXW.US.md) - [GOEX.US](https://longbridge.com/en/quote/GOEX.US.md) - [02824.HK](https://longbridge.com/en/quote/02824.HK.md) - [GDXU.US](https://longbridge.com/en/quote/GDXU.US.md) - [03939.HK](https://longbridge.com/en/quote/03939.HK.md) - [518850.CN](https://longbridge.com/en/quote/518850.CN.md) - [IAU.US](https://longbridge.com/en/quote/IAU.US.md) - [159562.CN](https://longbridge.com/en/quote/159562.CN.md) - [SGDM.US](https://longbridge.com/en/quote/SGDM.US.md) - [SGDJ.US](https://longbridge.com/en/quote/SGDJ.US.md) - [NEM.US](https://longbridge.com/en/quote/NEM.US.md) ## Related News & Research - [Agnico Eagle Says Arctic Gold Mining Project Could Pay Off for 'Decades to Come' — Update](https://longbridge.com/en/news/286916016.md) - [$1000 Invested In SPDR Gold MiniShares Trust 5 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/286819467.md) - [Agnico Eagle Greenlights $2.4 Billion Hope Bay Mine With 400,000-Ounce Annual Gold Output Target](https://longbridge.com/en/news/286959549.md) - [Assessing Eldorado Gold’s Valuation As Earnings Strength And New Dividend Signal Investor Confidence](https://longbridge.com/en/news/286300692.md) - [Equinox Falls 7.3% As $5.1 Billion Orla Deal Tests Investors](https://longbridge.com/en/news/286479934.md)