The latest announcement is out from Aurum Resources Limited ( (AU:AUE) ).
Aurum Resources Limited has initiated compulsory acquisition of the remaining shares in Mako Gold Limited, with plans to delist Mako from the ASX. This acquisition enables Aurum to incorporate Mako’s exploration results and mineral resource estimates from the Napié Project into its future disclosures, strengthening its resource portfolio and growth platform.
More about Aurum Resources Limited
Aurum Resources Limited is a company listed on the Australian Securities Exchange (ASX) with a focus on mineral exploration and mining. The company primarily deals with gold projects, including the Napié and Boundiali Gold Projects, and aims to expand its resource base through strategic acquisitions and exploration activities.
YTD Price Performance: -21.21%
Average Trading Volume: 1,034,317
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$56.88M
For a thorough assessment of AUE stock, go to TipRanks’ Stock Analysis page.