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The latest update is out from Labyrinth Resources Limited ( (AU:GG8) ).
Gorilla Gold Mines Ltd has notified the ASX of the planned issue of 1,187,088 unquoted performance rights under its employee incentive scheme, scheduled for 31 December 2025. The issuance is designed to reward and retain staff through equity-based incentives, potentially aligning employee interests more closely with shareholder value and supporting the company’s longer-term operational and growth objectives.
The most recent analyst rating on (AU:GG8) stock is a Hold with a A$0.55 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 ASX-listed company in the mining and resources sector, focused on gold exploration and development activities. The company operates under the ticker GG8 and targets opportunities in the gold mining industry for investors seeking exposure to precious metals projects.
Average Trading Volume: 1,491,421
Technical Sentiment Signal: Buy
Current Market Cap: A$383.3M
For a thorough assessment of GG8 stock, go to TipRanks’ Stock Analysis page.