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Hillgrove Resources Limited ( (AU:HGO) ) just unveiled an announcement.
Hillgrove Resources Limited has announced a proposed issue of 800,000,000 ordinary fully paid securities, scheduled for issuance on October 6, 2025. This move is part of the company’s strategy to raise capital, which could potentially strengthen its financial position and support its operational and expansion plans in the mining sector.
The most recent analyst rating on (AU:HGO) stock is a Buy with a A$0.06 price target. To see the full list of analyst forecasts on Hillgrove Resources Limited stock, see the AU:HGO Stock Forecast page.
More about Hillgrove Resources Limited
Hillgrove Resources Limited operates in the mining industry, focusing on the exploration and production of mineral resources. The company is known for its involvement in copper and gold mining, with a market focus on expanding its resource base and enhancing production capabilities.
Average Trading Volume: 5,330,699
Technical Sentiment Signal: Sell
Current Market Cap: A$109.8M
Learn more about HGO stock on TipRanks’ Stock Analysis page.