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Southern Cross Gold Consolidated ( (TSE:SXGC) ) just unveiled an announcement.
Southern Cross Gold Consolidated Ltd. has commenced trading on the Toronto Stock Exchange (TSX) main board, marking a significant milestone by transitioning from the TSX Venture Exchange. This move is expected to provide the company with access to deeper capital markets, improved liquidity, and a broader institutional investor base. The company’s listing on both the TSX and the Australian Securities Exchange (ASX) offers enhanced trading flexibility for investors. The transition is anticipated to strengthen Southern Cross Gold’s industry positioning, particularly as it continues to develop its Sunday Creek Gold-Antimony Project, which is strategically valuable due to its significant gold and antimony resources.
The most recent analyst rating on (TSE:SXGC) stock is a Buy with a C$6.25 price target. To see the full list of analyst forecasts on Southern Cross Gold Consolidated stock, see the TSE:SXGC Stock Forecast page.
More about Southern Cross Gold Consolidated
Southern Cross Gold Consolidated Ltd. is a company operating in the mining industry, focusing on gold and antimony. It controls the Sunday Creek Gold-Antimony Project in Australia, which is recognized for its significant gold and antimony deposits. The project is strategically important due to its dual-metal profile and its potential as a key Western supplier of antimony, especially following China’s export restrictions on the metal.
Average Trading Volume: 203,232
Technical Sentiment Signal: Buy
Current Market Cap: C$1.64B
For a thorough assessment of SXGC stock, go to TipRanks’ Stock Analysis page.