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The latest announcement is out from Kingsgate Consolidated Limited ( (AU:KCN) ).
Kingsgate Consolidated Limited has reached a mutual agreement with the Thai Government to terminate the arbitration proceedings under the Thailand–Australia Free Trade Agreement, which began in 2017. This development marks a positive shift in relations, expected to benefit both Kingsgate and Thailand through continued operations at the Chatree Mine, enhancing long-term value for shareholders and stakeholders.
The most recent analyst rating on (AU:KCN) stock is a Buy with a A$7.70 price target. To see the full list of analyst forecasts on Kingsgate Consolidated Limited stock, see the AU:KCN Stock Forecast page.
More about Kingsgate Consolidated Limited
Kingsgate Consolidated Limited is a company operating in the mining industry, primarily focusing on gold and silver mining operations. The company is known for its Chatree Gold Mine in Thailand, which is a significant part of its operations.
Average Trading Volume: 1,759,619
Technical Sentiment Signal: Buy
Current Market Cap: A$1.07B
For an in-depth examination of KCN stock, go to TipRanks’ Overview page.