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Gateway Mining Issues Shares Amid Ongoing Exploration

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Gateway Mining Issues Shares Amid Ongoing Exploration

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The latest announcement is out from Gateway Mining Limited ( (AU:GML) ).

Gateway Mining Limited has issued 30,454,546 fully paid ordinary shares at $0.055 per share to directors and related parties as part of a previously announced placement. The company is actively engaged in exploration programs, with results pending, which may impact the market price of its shares upon release.

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 is a company operating in the mining industry, focusing on exploration projects. The company is involved in ongoing exploration programs, particularly at its Yandal Project and other sites, which are crucial to its operations and market positioning.

Average Trading Volume: 10,076,110

Technical Sentiment Signal: Buy

Current Market Cap: A$183.4M

See more insights into GML stock on TipRanks’ Stock Analysis page.

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