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Kingsgate Consolidated Limited ( (AU:KCN) ) just unveiled an announcement.
Kingsgate Consolidated Limited has announced the issuance of 6,986,589 fully paid ordinary securities, which will be quoted on the ASX. This move is part of the company’s efforts to enhance its financial position and operational capabilities, potentially impacting its market standing and shareholder value.
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 focused on the exploration and production of gold and silver. The company is listed on the Australian Securities Exchange (ASX) under the code KCN.
Average Trading Volume: 1,774,515
Technical Sentiment Signal: Buy
Current Market Cap: A$1.15B
Learn more about KCN stock on TipRanks’ Stock Analysis page.