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ACG Metals Limited Class A ( (GB:ACG) ) has shared an update.
ACG Metals Limited has announced a conditional retail offer of new Class A ordinary shares through RetailBook, priced at £10.80 per share, which is a 6.1% discount to the previous closing price. The funds raised, approximately £0.4 million, will be used to support the Enriched Ore Treatment Project at the Gediktepe mine. This initiative underscores ACG’s commitment to involving retail investors in its growth strategy while also enhancing its operational capabilities in the metals sector.
The most recent analyst rating on (GB:ACG) stock is a Buy with a £12.30 price target. To see the full list of analyst forecasts on ACG Metals Limited Class A stock, see the GB:ACG Stock Forecast page.
More about ACG Metals Limited Class A
ACG Metals Limited operates in the metals industry, focusing on the treatment and processing of enriched ore. The company is involved in mining activities, with a particular emphasis on its operations at the Gediktepe mine in Türkiye.
Average Trading Volume: 12,172
Technical Sentiment Signal: Buy
Current Market Cap: £242.6M
For detailed information about ACG stock, go to TipRanks’ Stock Analysis page.