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Kalgoorlie Gold Mining Limited ( (AU:KAL) ) has issued an update.
Kalgoorlie Gold Mining Limited has applied for quotation on the ASX of 76,923 new ordinary fully paid shares, following the conversion of options or other convertible securities. The modest new share issuance marginally increases the company’s quoted capital base and may provide additional funding flexibility as it advances its gold exploration and development activities.
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 Australia-listed resources company focused on gold exploration and development, with its ordinary fully paid shares traded on the ASX under the code KAL.
Average Trading Volume: 813,998
Technical Sentiment Signal: Buy
Current Market Cap: A$22.79M
See more data about KAL stock on TipRanks’ Stock Analysis page.