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Ausgold Limited Issues Performance Rights Under Employee Incentive Scheme

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Ausgold Limited Issues Performance Rights Under Employee Incentive Scheme

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An announcement from Ausgold Limited ( (AU:AUC) ) is now available.

Ausgold Limited has announced the issuance of 2,169,073 performance rights as part of an employee incentive scheme. These securities are unquoted and not intended for listing on the ASX, reflecting the company’s strategy to incentivize its workforce while potentially impacting its operational dynamics and stakeholder interests.

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 identifying and advancing gold projects in Australia, aiming to enhance its market position within the precious metals sector.

Average Trading Volume: 951,610

Technical Sentiment Signal: Buy

Current Market Cap: A$468.7M

See more insights into AUC stock on TipRanks’ Stock Analysis page.

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