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Riversgold Ltd. ( (AU:RGL) ) has issued an announcement.
Riversgold Ltd has applied to the ASX for quotation of 200 million new fully paid ordinary shares (ASX code: RGL), expanding its listed securities base. The shares, issued on 27 January 2026 under a previously announced transaction, signal a significant capital move that will increase the company’s share count and potentially provide additional funding flexibility, with implications for existing shareholders through dilution and a larger free float in the market.
The most recent analyst rating on (AU:RGL) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Riversgold Ltd. stock, see the AU:RGL Stock Forecast page.
More about Riversgold Ltd.
Average Trading Volume: 41,172,135
Technical Sentiment Signal: Hold
Current Market Cap: A$37.51M
See more data about RGL stock on TipRanks’ Stock Analysis page.