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Great Boulder Resources Ltd ( (AU:GBR) ) has issued an update.
Great Boulder Resources Ltd has issued 5,460,786 fully paid ordinary shares following the exercise of options, without requiring a prospectus under Australian Corporations Act provisions. The company confirmed it is up to date with its financial reporting and continuous disclosure obligations and stated it is not holding any undisclosed price-sensitive information, signalling that the additional shares have been issued within a compliant and transparent regulatory framework for existing and prospective shareholders.
The most recent analyst rating on (AU:GBR) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Great Boulder Resources Ltd stock, see the AU:GBR Stock Forecast page.
More about Great Boulder Resources Ltd
Great Boulder Resources Ltd is an Australian-listed company in the resources sector, focused on mineral exploration and development. The company is headquartered in Western Australia and its ordinary shares are traded on the Australian Securities Exchange under the code GBR.
Average Trading Volume: 4,730,545
Technical Sentiment Signal: Buy
Current Market Cap: A$105.7M
See more data about GBR stock on TipRanks’ Stock Analysis page.