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Aurum Resources Issues 4 Million Unquoted Options

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Aurum Resources Issues 4 Million Unquoted Options

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Aurum Resources Limited ( (AU:AUE) ) has provided an update.

Aurum Resources Limited has announced the issuance of 4,000,000 unquoted options, which are exercisable at $0.53 and will expire on May 28, 2029. This move could potentially impact the company’s financial strategies and stakeholder interests by providing additional capital opportunities and influencing market perceptions.

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

Average Trading Volume: 1,088,708

Technical Sentiment Signal: Buy

Current Market Cap: A$111.5M

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

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