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African Gold Ltd. ( (AU:A1G) ) has shared an update.
African Gold Ltd has issued 750,000 new ordinary shares, as detailed in a filing with the ASX, and has lodged a cleansing notice confirming that the shares were issued without a prospectus under the relevant provisions of the Corporations Act. The company states it is up to date with its financial reporting and continuous disclosure obligations and that there is no excluded information, ensuring the newly issued shares can be freely traded and signalling continued regulatory compliance for existing and new shareholders.
The most recent analyst rating on (AU:A1G) stock is a Hold with a A$0.73 price target. To see the full list of analyst forecasts on African Gold Ltd. stock, see the AU:A1G Stock Forecast page.
More about African Gold Ltd.
African Gold Ltd (ASX: A1G) is an Australia-based listed company operating in the gold exploration and mining sector, with its principal and registered office located in Subiaco, Western Australia, and a focus on projects associated with African gold assets.
Average Trading Volume: 2,680,880
Technical Sentiment Signal: Buy
Current Market Cap: A$460.2M
See more insights into A1G stock on TipRanks’ Stock Analysis page.