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The latest announcement is out from Gascoyne Resources Limited ( (AU:SPR) ).
Spartan Resources Limited, an Australian company, announced that the Supreme Court of Western Australia has approved its acquisition by Ramelius Resources Limited through a scheme of arrangement. The transaction involves Spartan shareholders receiving $0.25 cash and 0.6957 new Ramelius shares per Spartan share. The scheme is expected to become effective on July 22, 2025, with the implementation scheduled for July 31, 2025, marking the cessation of Spartan’s trading on the ASX.
The most recent analyst rating on (AU:SPR) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Gascoyne Resources Limited stock, see the AU:SPR Stock Forecast page.
More about Gascoyne Resources Limited
YTD Price Performance: 41.84%
Average Trading Volume: 5,886,677
Technical Sentiment Signal: Buy
Current Market Cap: A$2.58B
For an in-depth examination of SPR stock, go to TipRanks’ Overview page.