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Lexington Gold Ltd. ( (GB:LEX) ) has provided an update.
Lexington Gold Ltd has announced the commencement of trading its common shares on the OTCQB Venture Market in the United States under the ticker symbol LEXLF. This move is part of a strategy to increase visibility and liquidity among U.S. investors, leveraging the company’s diversified portfolio of gold assets in the U.S. and South Africa. The OTCQB listing is expected to enhance trading volumes and price discovery without affecting the company’s existing AIM listing. The company anticipates completing the next stage of obtaining Depository Trust Company eligibility within the next few months, further facilitating U.S. investor engagement.
More about Lexington Gold Ltd.
Lexington Gold Ltd is a gold exploration and development company with interests in four gold projects in North and South Carolina, USA, and six projects in South Africa. The company focuses on high-quality gold assets, including a joint venture with Harmony Gold, a leading South African gold producer.
YTD Price Performance: -4.00%
Average Trading Volume: 170,928
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £14.4M
Find detailed analytics on LEX stock on TipRanks’ Stock Analysis page.