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Kalgoorlie Gold Mining Limited ( (AU:KAL) ) has shared an update.
Kalgoorlie Gold Mining Limited has issued 76,923 fully paid ordinary shares and has applied for their quotation on the ASX, advising that the shares were issued without a disclosure document under the Corporations Act. The company confirmed it is compliant with its financial reporting and continuous disclosure obligations and stated there is no excluded information that needs to be disclosed, signalling that the small equity issuance is being conducted within standard regulatory frameworks and without undisclosed material information for investors.
The most recent analyst rating on (AU:KAL) stock is a Sell with a A$0.05 price target. To see the full list of analyst forecasts on Kalgoorlie Gold Mining Limited stock, see the AU:KAL Stock Forecast page.
More about Kalgoorlie Gold Mining Limited
Kalgoorlie Gold Mining Limited is an Australian gold exploration and mining company based in West Perth, Western Australia, focused on identifying, developing and operating gold projects in the Kalgoorlie region and broader Australian goldfields.
Average Trading Volume: 813,998
Technical Sentiment Signal: Buy
Current Market Cap: A$22.79M
See more insights into KAL stock on TipRanks’ Stock Analysis page.