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New World Resources Limited ( (AU:NWC) ) has issued an update.
New World Resources Limited has announced the quotation of 573,643 ordinary fully paid securities on the Australian Securities Exchange (ASX), effective from July 18, 2022. This move is part of the company’s strategy to strengthen its financial position and enhance liquidity, potentially impacting its operations and market standing positively.
The most recent analyst rating on (AU:NWC) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on New World Resources Limited stock, see the AU:NWC Stock Forecast page.
More about New World Resources Limited
New World Resources Limited operates in the resources industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the production and exploration of various minerals, aiming to enhance its market presence and expand its resource base.
YTD Price Performance: 255.56%
Average Trading Volume: 26,498,872
Technical Sentiment Signal: Buy
Current Market Cap: A$228.7M
For an in-depth examination of NWC stock, go to TipRanks’ Overview page.