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Great Boulder Resources Ltd ( (AU:GBR) ) has issued an update.
Great Boulder Resources Limited has applied to the ASX for quotation of 378,825 new fully paid ordinary shares, issued following the exercise or conversion of existing options or other convertible securities. The relatively small capital issuance formalises these securities for trading on the market and marginally increases the company’s free float and equity base, providing additional liquidity for shareholders without materially altering its capital structure.
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
Average Trading Volume: 4,852,219
Technical Sentiment Signal: Buy
Current Market Cap: A$90.54M
See more data about GBR stock on TipRanks’ Stock Analysis page.