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Aurum Resources Limited ( (AU:AUE) ) has shared an update.
Aurum Resources Limited has issued 1,000,000 fully paid ordinary shares following the conversion of unquoted options and employee incentive rights. This action, compliant with the Corporations Act 2001, allows for the secondary trading of these shares under certain exemptions, potentially enhancing liquidity and market activity for the company’s securities.
The most recent analyst rating on (AU:AUE) stock is a Buy with a A$1.39 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 is a company operating in the resources sector, focusing on the exploration and development of mineral resources. The company is involved in activities related to mining and resource extraction, with a market focus on leveraging its assets for growth and shareholder value.
Average Trading Volume: 694,091
Technical Sentiment Signal: Buy
Current Market Cap: A$248.1M
See more insights into AUE stock on TipRanks’ Stock Analysis page.