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Kalgoorlie Gold Mining Limited ( (AU:KAL) ) has issued an update.
Kalgoorlie Gold Mining Limited has announced a proposed issue of securities, specifically unlisted options, with a total of 10,250,000 securities to be issued. This move is part of the company’s strategy to potentially raise capital and strengthen its financial position, which could impact its operational capabilities and market standing.
The most recent analyst rating on (AU:KAL) stock is a Hold with a A$0.06 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 operates in the mining industry, focusing on gold exploration and production. The company is involved in the development and extraction of gold resources, aiming to enhance its market presence in the gold mining sector.
Average Trading Volume: 1,435,361
Technical Sentiment Signal: Buy
Current Market Cap: A$27.33M
For a thorough assessment of KAL stock, go to TipRanks’ Stock Analysis page.