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Kingsgate Consolidated Approves Key Resolutions at AGM

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Kingsgate Consolidated Approves Key Resolutions at AGM

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Kingsgate Consolidated Limited ( (AU:KCN) ) has shared an update.

Kingsgate Consolidated Limited held its Annual General Meeting where all proposed resolutions were approved by shareholders. Key resolutions included the re-election of Peter Warren as a director, the approval of an on-market buy-back of up to 50% of the company’s shares, and the adoption of the remuneration report. These decisions could enhance shareholder value and reflect confidence in the company’s strategic direction.

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 listed on the Australian Securities Exchange (ASX:KCN) and operates in the mining industry. The company is primarily involved in the exploration, development, and production of gold and silver, focusing on projects in Australia and Southeast Asia.

Average Trading Volume: 1,759,619

Technical Sentiment Signal: Buy

Current Market Cap: A$1.07B

For a thorough assessment of KCN stock, go to TipRanks’ Stock Analysis page.

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