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Gateway Mining Limited ( (AU:GML) ) has provided an update.
Gateway Mining Limited announced a change in the director’s interest, with Andrew Bray acquiring 18,181,819 fully paid ordinary shares valued at $1,000,000. This acquisition is part of the company’s placement strategy, which was approved by shareholders and reflects the company’s ongoing efforts to strengthen its financial position and support its growth initiatives.
The most recent analyst rating on (AU:GML) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Gateway Mining Limited stock, see the AU:GML Stock Forecast page.
More about Gateway Mining Limited
Gateway Mining Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the extraction and production of gold and other precious metals, targeting markets that demand these commodities.
Average Trading Volume: 10,076,110
Technical Sentiment Signal: Buy
Current Market Cap: A$183.4M
For a thorough assessment of GML stock, go to TipRanks’ Stock Analysis page.