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Hillgrove Resources Limited ( (AU:HGO) ) has issued an update.
Hillgrove Resources Limited has notified the market of the cessation of 1,154,140 HGOAA performance rights, which lapsed on 20 January 2026 after the conditions attached to those rights were not met or became incapable of being satisfied. The lapse reduces the pool of potential new shares that could be created from these rights, modestly tightening the company’s prospective capital base and clarifying the dilution outlook for existing shareholders.
The most recent analyst rating on (AU:HGO) stock is a Hold 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, listed on the ASX under the code HGO, operates in the resources sector, though this notice focuses solely on its capital structure rather than its underlying operations or specific commodities. The company manages a range of equity and equity-linked securities, including performance rights issued as part of its capital management and incentive arrangements.
Average Trading Volume: 16,944,183
Technical Sentiment Signal: Buy
Current Market Cap: A$187.8M
See more data about HGO stock on TipRanks’ Stock Analysis page.