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Empire Energy Group Limited ( (AU:EEG) ) has issued an update.
Empire Energy Group Limited has announced the quotation of 43,750,041 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective June 16, 2025. This move is part of previously announced transactions and is expected to enhance the company’s financial flexibility and support its strategic growth initiatives in the energy sector.
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 hydrocarbons, with a market focus on expanding its resource base and increasing production capacity.
Average Trading Volume: 715,393
Technical Sentiment Signal: Sell
Current Market Cap: A$214.3M
Find detailed analytics on EEG stock on TipRanks’ Stock Analysis page.