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Challenger Exploration Limited ( (AU:CEL) ) has shared an announcement.
Challenger Gold Limited has applied to the ASX for quotation of 833,333 new fully paid ordinary shares, issued on 12 January 2026, under its existing capital management arrangements. The additional quoted securities modestly expand the company’s listed share capital base, potentially enhancing liquidity for shareholders and supporting Challenger Gold’s ongoing funding and execution of its gold exploration and development activities.
The most recent analyst rating on (AU:CEL) stock is a Buy with a A$0.18 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, listed on the ASX under the code CEL, operates in the gold exploration and mining sector, focusing on the discovery, development and production of gold assets for investors in the Australian securities market.
Average Trading Volume: 5,382,752
Technical Sentiment Signal: Buy
Current Market Cap: A$375.1M
Learn more about CEL stock on TipRanks’ Stock Analysis page.