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The latest announcement is out from Kula Gold Limited ( (AU:KGD) ).
Kula Gold Limited addressed a price query from the ASX, stating that no undisclosed information could explain recent trading activity. The company highlighted factors like strengthening gold prices, a strategic shareholder placement, and positive results from its projects as potential reasons for the trading changes. Kula confirmed compliance with ASX listing rules and is awaiting assay results from its exploration program.
More about Kula Gold Limited
Kula Gold Limited is a company operating in the mining industry, primarily focused on gold exploration and production. The company is involved in projects such as the Mt Palmer Gold Project and the Wozi Niobium Project, with a market focus on strengthening its position through strategic placements and divestment of non-core assets.
Average Trading Volume: 14,098,458
Technical Sentiment Signal: Sell
Current Market Cap: A$35.7M
Learn more about KGD stock on TipRanks’ Stock Analysis page.