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Felix Gold Ltd. ( (AU:FXG) ) just unveiled an update.
Felix Gold Limited has announced the issuance of 1,500,000 fully paid ordinary shares, which are set to be quoted on the Australian Securities Exchange (ASX) under the code FXG. This move is part of the company’s strategy to enhance its capital structure and potentially support its ongoing exploration and development activities, which could strengthen its position in the gold mining sector.
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.
Felix Gold Limited operates in the mining industry, focusing on the exploration and development of gold resources. The company is engaged in identifying and developing gold projects, primarily targeting regions with significant gold production potential.
Average Trading Volume: 2,472,047
Technical Sentiment Signal: Buy
Current Market Cap: A$307.8M
For an in-depth examination of FXG stock, go to TipRanks’ Overview page.