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Hillgrove Resources Limited ( (AU:HGO) ) just unveiled an update.
Hillgrove Resources Limited has issued 653,523,034 fully paid ordinary shares at A$0.035 per share to institutional shareholders as part of a placement announced on September 30, 2025. This move, executed without disclosure under Part 6D.2 of the Corporations Act, reflects the company’s ongoing compliance with regulatory obligations and its strategy to strengthen its financial position, potentially impacting its market operations and investor relations.
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 copper and other minerals. The company primarily serves institutional investors and stakeholders interested in resource extraction and commodity markets.
Average Trading Volume: 5,864,999
Technical Sentiment Signal: Sell
Current Market Cap: A$107.2M
Learn more about HGO stock on TipRanks’ Stock Analysis page.