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Southern Cross Gold Consolidated ( (TSE:SXGC) ) has provided an announcement.
Southern Cross Gold Consolidated Ltd. has announced that its shares have been approved for trading on the OTCQX Best Market, enhancing visibility and accessibility to U.S. investors. This move from the Pink Market to OTCQX is expected to increase U.S. investor participation, providing better liquidity and broader broker coverage. The company is strategically positioned with its Sunday Creek project, which has delivered exceptional drilling results and holds significant value due to its dual-metal profile, especially in light of global antimony supply concerns. Southern Cross Gold’s inclusion in the US Defense Industrial Base Consortium further underscores its strategic importance.
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. operates in the mining industry, focusing on the exploration and development of gold and antimony resources. The company controls the Sunday Creek Gold-Antimony Project located near Melbourne, Australia, which is recognized for its significant gold and antimony discoveries.
Average Trading Volume: 211,154
Technical Sentiment Signal: Buy
Current Market Cap: C$1.36B
See more insights into SXGC stock on TipRanks’ Stock Analysis page.