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Dragon Mountain Gold Limited ( (AU:DMG) ) has provided an update.
Dragon Mountain Gold Limited has secured an extension of the maturity date on its existing A$700,000 loan facility, pushing the repayment deadline back to 30 June 2026 while leaving all other loan terms unchanged. The extension provides the company with additional financial flexibility and short-term balance sheet relief, potentially easing near-term funding pressures and allowing more time to execute its operational and strategic plans without the immediate burden of loan repayment.
The most recent analyst rating on (AU:DMG) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Dragon Mountain Gold Limited stock, see the AU:DMG Stock Forecast page.
More about Dragon Mountain Gold Limited
Average Trading Volume: 1,215,454
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$3.16M
See more insights into DMG stock on TipRanks’ Stock Analysis page.