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Prodigy Gold Options Lapse Following Unmet Conditions

Story Highlights
  • Prodigy Gold NL reported the lapse of 50,000 unexercised options due to unmet conditions.
  • The option expiry slightly tidies Prodigy Gold’s capital structure without altering existing share capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Prodigy Gold Options Lapse Following Unmet Conditions

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The latest update is out from Prodigy Gold NL ( (AU:PRX) ).

Prodigy Gold NL has notified the market that 50,000 options with an exercise price of $0.98, scheduled to expire on 21 January 2026, have lapsed after the conditions attached to these securities were not met or became incapable of being satisfied. The cessation marginally reduces the company’s pool of potential equity dilution from options, but does not directly affect its existing share capital, signalling a routine clean-up of its capital structure rather than a shift in operational strategy.

The most recent analyst rating on (AU:PRX) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Prodigy Gold NL stock, see the AU:PRX Stock Forecast page.

More about Prodigy Gold NL

Prodigy Gold NL, listed on the ASX under the code PRX, operates in the gold exploration and mining sector in Australia, focusing on the discovery and development of gold resources.

Average Trading Volume: 344,363

Technical Sentiment Signal: Sell

Current Market Cap: A$23.26M

For a thorough assessment of PRX stock, go to TipRanks’ Stock Analysis page.

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