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The latest announcement is out from Aurum Resources Limited ( (AU:AUE) ).
Aurum Resources Limited has announced a significant acquisition of fully paid ordinary shares, with Zhaojin Capital Limited acquiring 3,000,000 shares valued at $8,188,000. This development marks a substantial increase in Zhaojin Capital Limited’s voting power within Aurum Resources Limited, potentially impacting the company’s governance and strategic direction.
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: 711,956
Technical Sentiment Signal: Buy
Current Market Cap: A$108.3M
For a thorough assessment of AUE stock, go to TipRanks’ Stock Analysis page.