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Karoon Energy Ltd ( (AU:KAR) ) has shared an announcement.
Karoon Energy Ltd has announced the quotation of 48,003 ordinary fully paid securities on the Australian Securities Exchange (ASX), effective June 25, 2025. This move is part of the company’s strategy to leverage convertible securities, potentially enhancing its capital structure and market presence.
The most recent analyst rating on (AU:KAR) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Karoon Energy Ltd stock, see the AU:KAR Stock Forecast page.
More about Karoon Energy Ltd
Karoon Energy Ltd operates in the energy industry, focusing primarily on the exploration and production of oil and gas resources. The company is engaged in developing and managing energy projects, with a market focus on expanding its resource base and enhancing production capabilities.
Average Trading Volume: 5,274,568
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.44B
For an in-depth examination of KAR stock, go to TipRanks’ Overview page.