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Nagambie Resources Seeks ASX Quotation for Over 36 Million New Shares

Story Highlights
  • Nagambie Resources operates in the Australian resources sector, focusing on exploration and development assets.
  • The company applied to quote over 36 million new ordinary shares on the ASX, expanding its listed capital base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nagambie Resources Seeks ASX Quotation for Over 36 Million New Shares

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Nagambie Resources Limited ( (AU:NAG) ) just unveiled an announcement.

Nagambie Resources Limited has applied for quotation on the ASX of 36,538,451 ordinary fully paid shares, with an issue date of April 1, 2026. The move expands the number of listed securities on issue, potentially broadening the company’s investor base and enhancing liquidity for shareholders as part of previously announced capital transactions.

The most recent analyst rating on (AU:NAG) stock is a Sell 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 is an Australian-listed company in the resources sector, trading on the ASX under the code NAG. The company’s primary activities involve exploration and development of resource assets, with its ordinary fully paid shares forming the core of its listed securities for investors on the Australian market.

YTD Price Performance: 9.09%

Average Trading Volume: 4,142,394

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$11.51M

Learn more about NAG stock on TipRanks’ Stock Analysis page.

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