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Ausgold Limited ( (AU:AUC) ) has issued an update.
Ausgold Limited has announced the issuance of 3,040,000 ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code AUC. This move is part of the company’s strategy to enhance its market presence and potentially increase its capital, which could have significant implications for its stakeholders and market positioning.
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
YTD Price Performance: 36.90%
Average Trading Volume: 854,317
Technical Sentiment Signal: Buy
Current Market Cap: A$238.8M
See more data about AUC stock on TipRanks’ Stock Analysis page.