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An announcement from Auric Mining Ltd. ( (AU:AWJ) ) is now available.
Auric Mining Limited has executed a Tenement Sale Agreement with Top Global Mining Pty Ltd for the acquisition of four key tenements at Lindsay’s Gold Project, located northeast of Kalgoorlie. This strategic acquisition is expected to significantly advance Auric’s ambitions in the gold mining sector, providing them with sole rights to undertake work on the tenements and manage ongoing litigation in the Warden’s Court. The agreement includes a financial commitment of $1,600,000 and $2,000,000 in shares, contingent upon the successful resolution of court actions, which underscores the company’s commitment to expanding its gold project portfolio.
The most recent analyst rating on (AU:AWJ) stock is a Buy with a A$0.39 price target. To see the full list of analyst forecasts on Auric Mining Ltd. stock, see the AU:AWJ Stock Forecast page.
More about Auric Mining Ltd.
Auric Mining Limited is a company operating in the mining industry, focusing on gold exploration and development. The company is primarily involved in acquiring and developing gold projects, with a market focus on expanding its portfolio of gold tenements.
Average Trading Volume: 706,519
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$50.48M
For detailed information about AWJ stock, go to TipRanks’ Stock Analysis page.