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Southern Cross Gold Awaits Government Decision, Requests Trading Halt

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Southern Cross Gold Awaits Government Decision, Requests Trading Halt

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Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs ( (AU:SX2) ) just unveiled an update.

Southern Cross Gold Consolidated Ltd has requested a trading halt on its securities pending an announcement regarding the Victorian Government’s decision on its Work Plan application for a tunnel development at Sunday Creek. This halt is intended to help the company manage its disclosure obligations, and it is expected to be lifted by December 1, 2025, or upon the announcement’s release, which could impact the company’s operations and stakeholder interests.

The most recent analyst rating on (AU:SX2) stock is a Hold with a A$6.10 price target. To see the full list of analyst forecasts on Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs stock, see the AU:SX2 Stock Forecast page.

More about Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs

Southern Cross Gold Consolidated Ltd is involved in the mining industry, focusing on gold exploration and development. The company operates primarily in Australia, with a market focus on developing significant gold projects.

Average Trading Volume: 695,526

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.93B

See more data about SX2 stock on TipRanks’ Stock Analysis page.

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