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Challenger Exploration Limited ( (AU:CEL) ) has issued an update.
Challenger Gold Limited has applied to the ASX for quotation of 500,000 additional ordinary fully paid shares, expanding its listed securities on the market. The new shares, issued on 20 January 2026, modestly increase the company’s equity base and free float, which may enhance liquidity for existing shareholders and support the company’s ongoing corporate and exploration activities.
The most recent analyst rating on (AU:CEL) stock is a Hold 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 is an Australia-listed resources company focused on gold exploration and development, with its ordinary fully paid shares traded on the ASX under the code CEL.
Average Trading Volume: 5,230,370
Technical Sentiment Signal: Buy
Current Market Cap: A$363.7M
Find detailed analytics on CEL stock on TipRanks’ Stock Analysis page.