tiprankstipranks
Trending News
More News >

Kalgoorlie Gold Mining Initiates Trading Halt for Capital Raising

Story Highlights
Kalgoorlie Gold Mining Initiates Trading Halt for Capital Raising

Kalgoorlie Gold Mining Limited ( (AU:KAL) ) has shared an update.

Kalgoorlie Gold Mining Limited has requested a trading halt on its securities as it plans to consider, plan, and execute a capital raising. The halt will remain until the company releases an announcement or until normal trading resumes on March 13, 2025. This move indicates a strategic financial maneuver that could impact the company’s operations and market positioning, potentially affecting stakeholders and investors.

More about Kalgoorlie Gold Mining Limited

Kalgoorlie Gold Mining Limited operates in the mining industry, focusing on the exploration and production of gold. The company is based in West Perth, Australia, and is listed on the Australian Securities Exchange under the ticker KAL.

YTD Price Performance: 277.78%

Average Trading Volume: 6,181,475

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$20.76M

For detailed information about KAL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App