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An announcement from Ausgold Limited ( (AU:AUC) ) is now available.
Ausgold Limited has announced the application for quotation of 62,500,000 fully paid ordinary securities on the Australian Securities Exchange (ASX), scheduled for issuance on November 26, 2025. This move is part of a previously announced transaction, potentially strengthening the company’s capital base and supporting its ongoing exploration and development projects, which could positively impact its strategic growth and stakeholder value.
The most recent analyst rating on (AU:AUC) stock is a Buy with a A$2.05 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 primarily engaged in identifying and developing gold deposits in Australia, aiming to enhance its market position within the precious metals sector.
Average Trading Volume: 1,020,949
Technical Sentiment Signal: Buy
Current Market Cap: A$338.1M
See more insights into AUC stock on TipRanks’ Stock Analysis page.