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An update from Ausgold Limited ( (AU:AUC) ) is now available.
Ausgold Limited has applied to the Australian Securities Exchange for the quotation of 12.5 million new fully paid ordinary shares under its AUC ticker, expanding its listed securities base. The issuance, made under a previously announced transaction, modestly increases the company’s equity capital and free float, potentially improving liquidity in its stock and slightly diluting existing shareholders while supporting Ausgold’s ongoing corporate and operational funding needs.
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: 1,003,914
Technical Sentiment Signal: Buy
Current Market Cap: A$580.4M
See more insights into AUC stock on TipRanks’ Stock Analysis page.