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An announcement from Ausgold Limited ( (AU:AUC) ) is now available.
Ausgold Limited, a company listed on the Australian Securities Exchange, has issued 112,908 fully paid ordinary shares following the conversion of performance rights under its Employee Incentive Plan. This issuance was conducted without disclosure to investors under specific provisions of the Corporations Act, and the company has confirmed compliance with relevant legal requirements. The announcement signifies Ausgold’s commitment to rewarding its employees and maintaining transparency with stakeholders, potentially enhancing its operational efficiency and market reputation.
The most recent analyst rating on (AU:AUC) stock is a Buy with a A$1.70 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
Average Trading Volume: 985,945
Technical Sentiment Signal: Buy
Current Market Cap: A$496M
Find detailed analytics on AUC stock on TipRanks’ Stock Analysis page.