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Ragnar Metals Limited ( (AU:RAG) ) just unveiled an announcement.
Ragnar Metals Limited has issued 5,080,773 fully paid ordinary shares to Sweden-based Aurelia Mining Group AB as consideration for exercising an option to acquire 20% of the issued capital of Harnäs GoldMine AB, a transaction previously announced in late 2025. The share issue, completed under the company’s existing ASX Listing Rule 7.1 placement capacity and relying on the cleansing provisions of section 708A of the Corporations Act, strengthens Ragnar’s exposure to the Harnäs gold project while confirming ongoing compliance with Australian corporate reporting and disclosure requirements, which will be relevant to shareholders monitoring the company’s expanding European gold interests and capital structure.
The most recent analyst rating on (AU:RAG) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Ragnar Metals Limited stock, see the AU:RAG Stock Forecast page.
More about Ragnar Metals Limited
Ragnar Metals Limited is an Australian-listed resources company focused on mineral exploration and development, with its securities traded on the ASX under the code RAG. The company is expanding its portfolio through strategic interests in overseas mining assets, including gold projects held via Swedish entity Harnäs GoldMine AB.
Average Trading Volume: 776,583
Technical Sentiment Signal: Buy
Current Market Cap: A$16.12M
See more insights into RAG stock on TipRanks’ Stock Analysis page.