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The latest announcement is out from Nagambie Resources Limited ( (AU:NAG) ).
Nagambie Resources Limited has announced the issuance of 60 million fully paid ordinary shares and 30 million free attaching options as part of a capital raising initiative. This move aims to strengthen the company’s financial position and support its ongoing exploration and development activities, potentially enhancing its market presence and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:NAG) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Nagambie Resources Limited stock, see the AU:NAG Stock Forecast page.
More about Nagambie Resources Limited
Nagambie Resources Limited operates in the mining industry, focusing on resource exploration and development. The company is primarily involved in gold exploration and has a market focus on expanding its mineral resource base in Australia.
Average Trading Volume: 1,959,221
Technical Sentiment Signal: Sell
Current Market Cap: A$9.86M
See more data about NAG stock on TipRanks’ Stock Analysis page.