Metro Mining (ASX:MMI) said private equity fund Greenstone Resources sold its entire 14% stake in the company, according to a Monday filing with the Australian bourse.
The decision to sell its stake in the bauxite producer and explorer follows strong interest, Greenstone Resources said in the filing.
Metro Mining's shares fell past 3% in recent Monday trade.
Price (AUD): $0.06, Change: $-0.002, Percent Change: -3.17%