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The latest announcement is out from Rox Resources Limited ( (AU:RXL) ).
Rox Resources Limited announced the issuance of 61,595 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategic efforts to enhance its financial flexibility and support its ongoing and future projects, potentially impacting its market position and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:RXL) stock is a Buy with a A$0.61 price target. To see the full list of analyst forecasts on Rox Resources Limited stock, see the AU:RXL Stock Forecast page.
More about Rox Resources Limited
Rox Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the discovery and extraction of valuable minerals, positioning itself within the competitive mining sector.
Average Trading Volume: 2,079,270
Current Market Cap: A$231.4M
For a thorough assessment of RXL stock, go to TipRanks’ Stock Analysis page.