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Pacgold Limited ( (AU:PGO) ) has shared an update.
Pacgold Limited has announced an extension to its voluntary suspension of trading on the ASX to complete a capital raising process in an orderly manner. This move could impact the company’s operations and market positioning as it seeks to secure additional funding for its exploration projects in Queensland.
More about Pacgold Limited
Pacgold Limited is an ASX-listed mineral exploration company focused on gold-rich projects in Northeast Queensland, Australia. The company owns the Alice River Gold Project, which spans 377 square kilometers and is situated within a large intrusion-related gold system. Additionally, Pacgold has the right to earn up to 100% interest in the St George Gold-Antimony Project, covering 905 square kilometers in the Hodgkinson Province.
Average Trading Volume: 763,971
Technical Sentiment Signal: Buy
Current Market Cap: A$21.28M
See more insights into PGO stock on TipRanks’ Stock Analysis page.