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Kingsgate Consolidated Limited ( (AU:KCN) ) just unveiled an announcement.
Kingsgate Consolidated Limited announced a related party transaction with Peter Warren Consulting Pty Limited, owned by a non-executive director, to provide consulting services following the departure of the company’s CFO. This agreement, costing $76,000, aimed to improve financial systems and support the transition to a new CFO, reflecting the company’s efforts to maintain robust financial management practices.
The most recent analyst rating on (AU:KCN) stock is a Buy with a A$4.50 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 operates in the mining industry, focusing on the exploration, development, and production of gold and silver deposits. The company is listed on the Australian Securities Exchange and is involved in various projects aimed at enhancing its market position in the precious metals sector.
Average Trading Volume: 1,061,685
Technical Sentiment Signal: Buy
Current Market Cap: A$783.6M
For detailed information about KCN stock, go to TipRanks’ Stock Analysis page.