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Pacgold Limited ( (AU:PGO) ) has provided an update.
Pacgold Limited has issued 718,750 fully paid ordinary shares as part of its quoted securities on the ASX, relying on provisions of the Corporations Act that allow the shares to be issued without a formal disclosure document. The company affirmed it is up to date with its financial reporting and continuous disclosure obligations and stated there is no excluded information that would require disclosure, signalling regulatory compliance as it continues to advance its exploration and production ambitions in Australia.
The most recent analyst rating on (AU:PGO) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Pacgold Limited stock, see the AU:PGO Stock Forecast page.
More about Pacgold Limited
Pacgold Limited is an ASX-listed mineral exploration company focused on gold and antimony projects in North Queensland and South Australia. Its flagship, 100%-owned Alice River Gold Project in Queensland covers 377 square kilometres within an intrusion-related gold system analogous to major global deposits, and is complemented by the St George Gold-Antimony Project, where Pacgold can earn up to 100% of a 905 square kilometre tenement in an emerging antimony province. To fast-track its transition from explorer to producer, Pacgold has also acquired the White Dam Gold Operation in South Australia, a turnkey asset with open-pit mines, heap leach facilities and an operational processing plant that is expected to provide near-term revenue and support ongoing exploration and growth.
Average Trading Volume: 3,086,853
Technical Sentiment Signal: Buy
Current Market Cap: A$48.91M
For detailed information about PGO stock, go to TipRanks’ Stock Analysis page.