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Ausgold Limited Announces Director’s Increased Shareholding

Story Highlights
  • Ausgold Limited operates in the gold exploration and development industry.
  • Director Adrian James Goldstone acquired 500,000 shares, indicating confidence in Ausgold’s future.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ausgold Limited Announces Director’s Increased Shareholding

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Ausgold Limited ( (AU:AUC) ) just unveiled an update.

Ausgold Limited announced a change in the director’s interest, with Adrian James Goldstone acquiring 500,000 ordinary shares following the vesting and exercise of performance rights. This change reflects the director’s increased stake in the company, potentially signaling confidence in Ausgold’s future performance and strategic direction.

The most recent analyst rating on (AU:AUC) stock is a Buy with a A$1.60 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

Ausgold Limited operates in the mining industry, focusing on the exploration and development of gold resources. The company is engaged in identifying and developing gold deposits, with a market focus on expanding its resource base and increasing production capabilities.

Average Trading Volume: 806,613

Technical Sentiment Signal: Buy

Current Market Cap: A$244.7M

For an in-depth examination of AUC stock, go to TipRanks’ Overview page.

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