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ACG Metals Limited Class A ( (GB:ACG) ) just unveiled an update.
ACG Metals Limited announced the successful completion of its RetailBook Offer, which was significantly oversubscribed, prompting the company to increase the offer size from approximately US$0.5 million to US$1 million. The fundraising effort, which included a Placing and RetailBook Offer, raised a total of approximately US$16.0 million, resulting in the issuance of 1,128,614 new Ordinary Shares. This move is expected to enhance ACG’s financial position and potentially strengthen its market presence.
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
Average Trading Volume: 12,165
Technical Sentiment Signal: Buy
Current Market Cap: £249.1M
See more insights into ACG stock on TipRanks’ Stock Analysis page.