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The latest update is out from Ausgold Limited ( (AU:AUC) ).
Ausgold Limited has requested a trading halt on its securities pending an important announcement regarding a material acquisition related to the development of its Katanning Gold Project. This move is expected to have significant implications for the company’s operations and market positioning, as it indicates a strategic expansion in its core project.
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 projects. The company’s primary project is the Katanning Gold Project, which is a significant focus for its market operations.
Average Trading Volume: 764,268
Technical Sentiment Signal: Buy
Current Market Cap: A$260.6M
Learn more about AUC stock on TipRanks’ Stock Analysis page.