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Empire Energy Group Limited ( (AU:EEG) ) just unveiled an update.
Empire Energy Group Limited has announced the quotation of 173,437,500 ordinary fully paid securities on the ASX, effective May 23, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and provide additional capital for its ongoing projects, potentially impacting its operational capabilities and stakeholder interests positively.
The most recent analyst rating on (AU:EEG) stock is a Buy with a A$0.74 price target. To see the full list of analyst forecasts on Empire Energy Group Limited stock, see the AU:EEG Stock Forecast page.
More about Empire Energy Group Limited
Empire Energy Group Limited operates in the energy sector, focusing on the exploration and development of oil and gas resources. The company is primarily engaged in the production and sale of energy products, targeting markets that demand reliable and sustainable energy solutions.
Average Trading Volume: 459,849
Technical Sentiment Signal: Sell
Current Market Cap: A$180.6M
See more insights into EEG stock on TipRanks’ Stock Analysis page.