tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Auric Mining Issues 800,000 New Shares to Strengthen Financial Position

Story Highlights
Auric Mining Issues 800,000 New Shares to Strengthen Financial Position

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Auric Mining Ltd. ( (AU:AWJ) ) just unveiled an update.

Auric Mining Limited has issued 800,000 fully paid ordinary shares following the exercise of unquoted options. This issuance was conducted without disclosure under Part 6D.2 of the Corporations Act 2001, as the company complies with its regular reporting and disclosure obligations. This move signifies Auric’s ongoing efforts to strengthen its financial position and enhance shareholder value.

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 listed on the Australian Securities Exchange, operating in the mining industry. The company focuses on the exploration and development of mineral resources, contributing to the supply of essential materials in the market.

Average Trading Volume: 660,048

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$51.2M

For a thorough assessment of AWJ stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1