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Aurum Resources Limited ( (AU:AUE) ) has issued an announcement.
Aurum Resources Limited has issued a cleansing notice under section 708A(5)(e) of the Corporations Act 2001, following the issuance of 131,666 fully paid ordinary shares due to the conversion of options. This notice allows the secondary trading of these shares without disclosure, aligning with the legal exemptions provided by the Act. The announcement signifies compliance with regulatory requirements, potentially enhancing the company’s liquidity and market presence.
The most recent analyst rating on (AU:AUE) stock is a Buy with a A$1.40 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 Limited operates within the resources industry, focusing on the exploration and development of mineral resources. The company is engaged in activities related to the extraction and management of valuable minerals, primarily targeting markets that demand these natural resources.
Average Trading Volume: 886,280
Technical Sentiment Signal: Buy
Current Market Cap: A$183.9M
For a thorough assessment of AUE stock, go to TipRanks’ Stock Analysis page.