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Peregrine Gold Ltd. ( (AU:PGD) ) has shared an announcement.
Peregrine Gold Ltd has notified the market that a tranche of listed options (ASX code PGDAL), exercisable at $0.85 and expiring on 31 December 2025, has lapsed unexercised, resulting in the cessation of 600,000 options from its issued capital. The expiry of these options without conversion marginally simplifies the company’s capital structure but does not immediately affect its ordinary share count, signalling a slight reduction in potential future dilution for existing shareholders.
The most recent analyst rating on (AU:PGD) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on Peregrine Gold Ltd. stock, see the AU:PGD Stock Forecast page.
More about Peregrine Gold Ltd.
Average Trading Volume: 155,427
Technical Sentiment Signal: Buy
Current Market Cap: A$25.2M
For a thorough assessment of PGD stock, go to TipRanks’ Stock Analysis page.