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Great Boulder Resources Ltd ( (AU:GBR) ) has provided an update.
Great Boulder Resources has issued 378,825 fully paid ordinary shares following the exercise of options, with the new shares being issued without a prospectus in reliance on provisions of the Corporations Act. 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, providing assurance to shareholders and the market regarding the transparency and regulatory compliance of this capital move.
The most recent analyst rating on (AU:GBR) stock is a Hold with a A$0.07 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 exploration company focused on mineral resource projects, operating within the broader mining and resources sector. The company is headquartered in Western Australia and its primary activities involve the acquisition, exploration and development of mineral assets for investors in the Australian securities market.
Average Trading Volume: 4,852,219
Technical Sentiment Signal: Buy
Current Market Cap: A$90.54M
For a thorough assessment of GBR stock, go to TipRanks’ Stock Analysis page.