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Labyrinth Resources Limited ( (AU:GG8) ) has provided an update.
Gorilla Gold Mines has applied to the ASX for quotation of 2,000,000 new ordinary fully paid shares under its GG8 ticker. The new securities, issued on February 25, 2026, modestly expand the company’s listed share base and may support its funding capacity for ongoing operations and growth initiatives, with potential dilution for existing shareholders depending on their participation.
The most recent analyst rating on (AU:GG8) stock is a Hold with a A$0.41 price target. To see the full list of analyst forecasts on Labyrinth Resources Limited stock, see the AU:GG8 Stock Forecast page.
More about Labyrinth Resources Limited
Gorilla Gold Mines Ltd is an Australian-listed resources company focused on gold mining and exploration. The company’s ordinary fully paid shares trade on the ASX under the ticker GG8, providing investors with exposure to the precious metals sector.
Average Trading Volume: 1,266,131
Technical Sentiment Signal: Hold
Current Market Cap: A$328.6M
For an in-depth examination of GG8 stock, go to TipRanks’ Overview page.