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The latest announcement is out from SolGold ( (GB:SOLG) ).
SolGold plc, a company listed on the London Stock Exchange, has announced that it currently has 3,006,748,641 ordinary shares in issue, each with voting rights, and does not hold any shares in treasury. This announcement, made in accordance with Rule 2.9 of the City Code on Takeovers and Mergers, is part of the company’s regulatory compliance, ensuring transparency for stakeholders and potential investors.
The most recent analyst rating on (GB:SOLG) stock is a Buy with a £46.00 price target. To see the full list of analyst forecasts on SolGold stock, see the GB:SOLG Stock Forecast page.
Spark’s Take on GB:SOLG Stock
According to Spark, TipRanks’ AI Analyst, GB:SOLG is a Neutral.
SolGold’s financial challenges, marked by persistent losses and negative cash flows, heavily impact its score. Corporate events offer some optimism with strategic investments and governance improvements, but valuation remains poor.
To see Spark’s full report on GB:SOLG stock, click here.
More about SolGold
YTD Price Performance: 350.14%
Average Trading Volume: 10,297,434
Technical Sentiment Signal: Buy
Current Market Cap: £935.4M
For detailed information about SOLG stock, go to TipRanks’ Stock Analysis page.