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Empire Energy Group Limited ( (AU:BTL) ) has provided an update.
Beetaloo Energy Australia Limited announced the issuance of shares and options to its directors as part of a Share Purchase Plan and Tranche 2 Placement, approved by shareholders. The company acknowledged a late lodgement of required documents due to an administrative oversight but assured that revised practices will ensure future compliance.
The most recent analyst rating on (AU:BTL) stock is a Buy with a A$0.71 price target. To see the full list of analyst forecasts on Empire Energy Group Limited stock, see the AU:BTL Stock Forecast page.
More about Empire Energy Group Limited
Beetaloo Energy Australia Limited is an exploration company holding 28.9 million acres of exploration tenements in the McArthur Basin and Beetaloo Sub-basins in Northern Territory. The company focuses on both conventional and unconventional hydrocarbon potential, with significant positions in areas with world-class hydrocarbon volumes.
Average Trading Volume: 1,676,481
Technical Sentiment Signal: Buy
Current Market Cap: A$378.1M
See more data about BTL stock on TipRanks’ Stock Analysis page.