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The latest announcement is out from Felix Gold Ltd. ( (AU:FXG) ).
Felix Gold Limited has successfully completed a placement of 50 million new fully paid ordinary shares at $0.36 each, raising a total of $18 million. This capital raising effort, conducted without disclosure to investors under specific provisions of the Corporations Act, signifies a strategic move to bolster the company’s financial position, potentially enhancing its operational capabilities and market competitiveness.
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 is a company operating in the mining industry, focusing on the exploration and development of gold resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker FXG.
Average Trading Volume: 2,716,103
Technical Sentiment Signal: Buy
Current Market Cap: A$150.3M
For detailed information about FXG stock, go to TipRanks’ Stock Analysis page.