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Resolute Mining ( (AU:RSG) ) has provided an update.
Resolute Mining Limited has issued 7,721,600 fully paid ordinary shares following the conversion of performance rights, expanding its share capital without undertaking a separate disclosure to investors under the prospectus provisions of the Corporations Act. The company confirmed it remains in compliance with its financial reporting and continuous disclosure obligations, and stated there is no excluded information relevant to the new securities, signalling that the issuance is a routine capital markets and remuneration-related event with no undisclosed material impact for shareholders.
The most recent analyst rating on (AU:RSG) stock is a Buy with a A$74.00 price target. To see the full list of analyst forecasts on Resolute Mining stock, see the AU:RSG Stock Forecast page.
More about Resolute Mining
Resolute Mining Limited is a gold mining company listed on both the ASX and LSE, engaged in the exploration, development and operation of gold mines, with its primary focus on producing and selling gold into global markets.
Average Trading Volume: 12,857,762
Technical Sentiment Signal: Buy
Current Market Cap: A$2.69B
Learn more about RSG stock on TipRanks’ Stock Analysis page.