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Cosmos Exploration Denies Undisclosed News Behind Share Price and Volume Move

Story Highlights
  • Cosmos Exploration says it knows of no undisclosed information explaining recent trading.
  • The company confirms compliance with ASX disclosure rules and board approval of its response.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cosmos Exploration Denies Undisclosed News Behind Share Price and Volume Move

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The latest update is out from Cosmos Exploration Limited ( (AU:C1X) ).

Cosmos Exploration Limited has responded to an ASX price and volume query by stating it is not aware of any undisclosed information that could explain recent unusual trading in its shares and has no alternative explanation for the market activity. The company affirmed it is fully compliant with ASX Listing Rules, particularly continuous disclosure obligations under Listing Rule 3.1, and confirmed that its response was reviewed and approved by its board, seeking to reassure investors and regulators about the transparency of its market disclosures.

The most recent analyst rating on (AU:C1X) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Cosmos Exploration Limited stock, see the AU:C1X Stock Forecast page.

More about Cosmos Exploration Limited

Cosmos Exploration Limited (ASX:C1X) is an Australia-based minerals exploration company focused on discovering and developing resource projects, positioning itself within the broader mining and resources sector and targeting value creation through exploration success.

Average Trading Volume: 595,637

Technical Sentiment Signal: Buy

Current Market Cap: A$12.47M

See more data about C1X stock on TipRanks’ Stock Analysis page.

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