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Aurum Resources Director Increases Stake with Significant Share Acquisition

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Aurum Resources Director Increases Stake with Significant Share Acquisition

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Aurum Resources Limited ( (AU:AUE) ) has shared an announcement.

Aurum Resources Ltd has announced a change in the director’s interest, with Dr. Caigen Wang acquiring 3,000,000 fully paid ordinary shares at $0.50 per share. This acquisition signifies a potential increase in Dr. Wang’s influence within the company, possibly impacting its strategic direction and stakeholder interests.

The most recent analyst rating on (AU:AUE) stock is a Buy with a A$0.63 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.

More about Aurum Resources Limited

Aurum Resources Ltd operates in the resources industry, focusing on the exploration and development of mineral resources. The company is involved in the acquisition and management of mineral assets, aiming to enhance its portfolio and market presence.

Average Trading Volume: 409,656

Technical Sentiment Signal: Buy

Current Market Cap: A$168.1M

See more insights into AUE stock on TipRanks’ Stock Analysis page.

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