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Dateline Resources Halts Trading Ahead of Proposed Capital Raising

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Dateline Resources Halts Trading Ahead of Proposed Capital Raising

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The latest announcement is out from Dateline Resources Limited ( (AU:DTR) ).

Dateline Resources Limited has requested and been granted a trading halt on its securities on the ASX as it works to finalise the terms and conditions of a proposed capital raising. The halt is expected to last up to two trading days, or until the company releases further details of the capital raising, signalling that Dateline is preparing to secure additional funding that could influence its capital structure and near-term operational plans.

The most recent analyst rating on (AU:DTR) stock is a Hold with a A$0.37 price target. To see the full list of analyst forecasts on Dateline Resources Limited stock, see the AU:DTR Stock Forecast page.

More about Dateline Resources Limited

Dateline Resources Limited (ASX: DTR) is an Australia-listed company active in the resources sector, with its securities traded on the Australian Securities Exchange and corporate headquarters in Sydney, New South Wales.

Average Trading Volume: 14,426,544

Technical Sentiment Signal: Buy

Current Market Cap: A$1.32B

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

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