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Carnaby Resources Ltd. ( (AU:CNB) ) just unveiled an announcement.
Carnaby Resources Limited has issued 37,878,788 fully paid ordinary shares at a price of A$0.33 per share, utilizing its existing capacity under ASX Listing Rules 7.1 and 7.1A. This strategic move was made without disclosure to investors under Part 6D.2 of the Corporations Act, and the company has confirmed compliance with relevant provisions of the Corporations Act, indicating no excluded information is present.
The most recent analyst rating on (AU:CNB) stock is a Buy with a A$0.87 price target. To see the full list of analyst forecasts on Carnaby Resources Ltd. stock, see the AU:CNB Stock Forecast page.
More about Carnaby Resources Ltd.
Average Trading Volume: 932,537
Technical Sentiment Signal: Hold
Current Market Cap: A$101.3M
Find detailed analytics on CNB stock on TipRanks’ Stock Analysis page.