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Barton Gold Holdings Limited ( (AU:BGD) ) has issued an update.
Barton Gold Holdings Limited has successfully concluded its Share Purchase Plan (SPP), raising $660,000 and issuing 528,000 new shares, following a $15 million institutional placement. This financial boost positions Barton to advance its Central Gawler Mill towards ‘Stage 1’ production and progress the Tunkillia project towards a Mining Lease application, marking a pivotal step in its commercialisation strategy.
The most recent analyst rating on (AU:BGD) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Barton Gold Holdings Limited stock, see the AU:BGD Stock Forecast page.
More about Barton Gold Holdings Limited
Barton Gold Holdings Limited is a company operating in the gold mining industry, focusing on the exploration and development of gold projects. The company is primarily engaged in advancing its Central Gawler Mill and Tunkillia Gold Project, aiming to enhance its resource base and move towards commercial production.
Average Trading Volume: 740,927
Technical Sentiment Signal: Buy
For a thorough assessment of BGD stock, go to TipRanks’ Stock Analysis page.