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Challenger Exploration Limited ( (AU:CEL) ) has shared an announcement.
Challenger Gold Limited has issued 13,549,444 new fully paid ordinary shares following the vesting and exercise of employee performance rights, relying on the secondary trading provisions of Section 708A(5)(e) of the Corporations Act. The company confirms it is up to date with its financial reporting and continuous disclosure obligations, states it is not aware of any excluded information, and has lodged the corresponding Appendix 2A, indicating routine capital management with no undisclosed material developments for shareholders.
The most recent analyst rating on (AU:CEL) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Challenger Exploration Limited stock, see the AU:CEL Stock Forecast page.
More about Challenger Exploration Limited
Challenger Gold Limited is an Australian-listed resources company focused on gold exploration and development. The company’s shares are quoted on the Australian Securities Exchange under the code CEL and it operates under the Australian Corporations Act compliance framework.
Average Trading Volume: 4,806,584
Technical Sentiment Signal: Buy
Current Market Cap: A$339.5M
See more data about CEL stock on TipRanks’ Stock Analysis page.