Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Pilot Energy Limited ( (AU:PGY) ) has shared an announcement.
Pilot Energy Limited has requested and been granted a trading halt in its securities on the ASX as it prepares to announce a capital raising. The halt, effective from 23 January 2026, is intended to allow the company to execute the proposed capital raising in an orderly manner, with trading expected to resume once the funding announcement is released, and in any case no later than the start of trading on 28 January 2026, a move that signals an impending effort to strengthen its balance sheet and potentially fund future operational or growth initiatives.
The most recent analyst rating on (AU:PGY) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Pilot Energy Limited stock, see the AU:PGY Stock Forecast page.
More about Pilot Energy Limited
Pilot Energy Limited is an Australia-listed energy company focused on oil, gas and related energy projects, with its securities traded on the Australian Securities Exchange under the ticker PGY.
Technical Sentiment Signal: Sell
Current Market Cap: A$8.68M
For detailed information about PGY stock, go to TipRanks’ Stock Analysis page.