Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Aurum Resources Limited ( (AU:AUE) ) has issued an announcement.
Aurum Resources Limited has issued 2,133,106 fully paid ordinary shares as consideration for services rendered, as announced under section 708A(5)(e) of the Corporations Act 2001. This issuance allows for the secondary trading of these shares without disclosure, aligning with legal exemptions, and signifies a strategic move to compensate services while maintaining compliance with regulatory requirements.
The most recent analyst rating on (AU:AUE) stock is a Buy with a A$1.50 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 resources industry, focusing on the exploration and development of mineral resources. The company is involved in the acquisition and management of mining projects, aiming to expand its portfolio and market presence.
Average Trading Volume: 1,015,817
Technical Sentiment Signal: Buy
Current Market Cap: A$211.5M
Learn more about AUE stock on TipRanks’ Stock Analysis page.