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Alligator Energy Initiates Trading Halt Ahead of Capital Raising Announcement

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Alligator Energy Initiates Trading Halt Ahead of Capital Raising Announcement

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Alligator Energy Ltd ( (AU:AGE) ) has issued an update.

Alligator Energy Ltd has requested a trading halt on its securities pending an announcement regarding a proposed capital raising. This move is intended to provide the company with the necessary time to finalize the details of the capital raising, which could impact its financial strategy and market positioning. The trading halt is expected to last until the announcement is made or until normal trading resumes on 23 June 2025.

The most recent analyst rating on (AU:AGE) stock is a Buy with a A$0.10 price target. To see the full list of analyst forecasts on Alligator Energy Ltd stock, see the AU:AGE Stock Forecast page.

More about Alligator Energy Ltd

Alligator Energy Ltd is a company operating in the energy sector, primarily focused on uranium exploration and development. The company is engaged in identifying and developing uranium resources, with a market focus on providing energy solutions through sustainable and efficient resource management.

Average Trading Volume: 10,586,567

Technical Sentiment Signal: Hold

Current Market Cap: A$131.7M

Find detailed analytics on AGE stock on TipRanks’ Stock Analysis page.

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