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Ausgold Limited ( (AU:AUC) ) just unveiled an update.
Ausgold Limited has completed the issue of 37.5 million fully paid ordinary shares to new and existing professional and sophisticated investors at an issue price of $0.80 per share under a previously announced placement. The company has confirmed that the placement was conducted without a full disclosure document under the relevant provisions of the Corporations Act and that it remains compliant with its continuous disclosure and financial reporting obligations, with no undisclosed material information required to be released at this time.
The most recent analyst rating on (AU:AUC) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Ausgold Limited stock, see the AU:AUC Stock Forecast page.
More about Ausgold Limited
Average Trading Volume: 938,587
Technical Sentiment Signal: Buy
Current Market Cap: A$531.5M
See more insights into AUC stock on TipRanks’ Stock Analysis page.