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Felix Gold Ltd. ( (AU:FXG) ) just unveiled an announcement.
Felix Gold Limited has notified the ASX of the issue of new unquoted options with various exercise prices and expiries in December 2028, expanding its pool of equity-based instruments. The issuance, totaling 4 million options, is likely intended to support future capital management, staff or director incentives, and potential funding flexibility, which could modestly dilute existing holders if exercised but may better align key stakeholders with the company’s long-term share price performance.
The most recent analyst rating on (AU:FXG) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Felix Gold Ltd. stock, see the AU:FXG Stock Forecast page.
More about Felix Gold Ltd.
Average Trading Volume: 2,412,775
Technical Sentiment Signal: Buy
Current Market Cap: A$155M
See more insights into FXG stock on TipRanks’ Stock Analysis page.