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Aurum Resources Limited ( (AU:AUE) ) has provided an update.
Aurum Resources Limited has announced the issuance of 500,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code AUE. This move is part of the company’s strategy to enhance its market presence and potentially increase its capital base, which could have implications for its stakeholders by possibly improving liquidity and attracting new investors.
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.