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Ausgold Limited ( (AU:AUC) ) just unveiled an update.
Ausgold Limited has issued 57,894,736 fully paid ordinary shares at $0.57 each to sophisticated investors, as announced on 18 July 2025. This move, conducted without disclosure under Part 6D.2 of the Corporations Act 2001, aligns with the company’s compliance with relevant legislative provisions, potentially enhancing its financial position and market operations.
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 primarily engaged in advancing its gold projects to capitalize on market opportunities within the precious metals sector.
Average Trading Volume: 858,751
Technical Sentiment Signal: Buy
Current Market Cap: A$209.1M
For a thorough assessment of AUC stock, go to TipRanks’ Stock Analysis page.