Aurum Resources Limited Announces Quotation of New Securities on ASX

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

Aurum Resources Limited announced the quotation of 173,610 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of June 5, 2025. This move, resulting from the exercise of options or conversion of convertible securities, is expected to bolster the company’s financial standing and provide additional capital for its ongoing operations, potentially impacting its market positioning and offering new opportunities for stakeholders.

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 Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction and production of precious metals, aiming to enhance its market presence and shareholder value.

Average Trading Volume: 1,025,710

Technical Sentiment Signal: Buy

Current Market Cap: A$115.2M

For a thorough assessment of AUE stock, go to TipRanks’ Stock Analysis page.