Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Ausgold Limited ( (AU:AUC) ) just unveiled an update.
Ausgold Limited has issued over 3.5 million fully paid ordinary shares to Dundee Resources Ltd at a price of $0.57 per share. This move, executed without disclosure to investors under certain provisions of the Corporations Act, signifies compliance with relevant regulatory requirements and reflects Ausgold’s strategic financial maneuvers to bolster its capital and enhance its operational capabilities.
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 based in Perth, Western Australia, and aims to expand its market presence through strategic partnerships and resource development.
Average Trading Volume: 807,750
Technical Sentiment Signal: Buy
Current Market Cap: A$234.3M
For a thorough assessment of AUC stock, go to TipRanks’ Stock Analysis page.