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The latest update is out from SolGold ( (GB:SOLG) ).
SolGold plc has disclosed that it has 3,013,576,141 ordinary shares of 1 pence each in issue, all carrying voting rights and with none held in treasury, and confirmed that these shares are admitted to trading on the London Stock Exchange under ISIN GB00B0WD0R35. The company also noted that this disclosure, made in line with UK takeover rules, provides clarity on its capital structure for shareholders and potential corporate suitors, and that the announcement will be made available on its website to ensure transparent access to information for market participants.
The most recent analyst rating on (GB:SOLG) stock is a Hold with a £28.00 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.
The score is held back primarily by weak financial performance (no revenue, sizable losses, and equity erosion with meaningful leverage), partially offset by a constructive technical trend and positive corporate catalysts (revised takeover offer and supportive project developments). Valuation remains challenged due to loss-making earnings and no dividend support.
To see Spark’s full report on GB:SOLG stock, click here.
More about SolGold
SolGold plc is a mineral exploration and development company whose ordinary shares are listed on the London Stock Exchange, giving investors equity exposure to its resource projects through a large free-float share base.
YTD Price Performance: 0.72%
Average Trading Volume: 19,685,891
Technical Sentiment Signal: Buy
Current Market Cap: £834.8M
For a thorough assessment of SOLG stock, go to TipRanks’ Stock Analysis page.