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Pantoro Gold Limited ( (AU:PNR) ) has issued an update.
Pantoro Gold Limited has announced the allotment of 977,649 ordinary fully paid shares to Nebari Partners LLC following the exercise of options priced at US$1.0812 per share. This move, executed under the company’s Listing Rule 7.1 capacity, was completed without a prospectus, indicating a strategic financial maneuver to potentially strengthen its capital base and enhance operational capabilities.
The most recent analyst rating on (AU:PNR) stock is a Buy with a A$3.06 price target. To see the full list of analyst forecasts on Pantoro Gold Limited stock, see the AU:PNR Stock Forecast page.
More about Pantoro Gold Limited
Pantoro Gold Limited operates in the mining industry, focusing on gold production and exploration. The company is listed on the Australian Securities Exchange under the ticker PNR and is involved in developing and managing gold mining projects.
Average Trading Volume: 2,713,857
Technical Sentiment Signal: Buy
Current Market Cap: A$1.53B
See more insights into PNR stock on TipRanks’ Stock Analysis page.