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Karoon Energy Ltd ( (AU:KAR) ) has issued an announcement.
Karoon Energy Ltd has announced the application for the quotation of 50,959 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of the company’s efforts to enhance its financial flexibility and potentially expand its operations, which could have significant implications for its market positioning and stakeholder interests.
The most recent analyst rating on (AU:KAR) stock is a Hold with a A$1.50 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 sector, focusing on the exploration and production of oil and gas resources. The company is engaged in the development of energy projects and aims to supply energy solutions to meet market demands.
Average Trading Volume: 3,941,595
Technical Sentiment Signal: Sell
Current Market Cap: A$1.17B
For a thorough assessment of KAR stock, go to TipRanks’ Stock Analysis page.