Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs ( (AU:SX2) ) has issued an announcement.
Southern Cross Gold Consolidated Ltd has issued 536,373 fully paid common shares following the conversion of previously granted employee options, each with an issue price of C$0.76 per share. The company confirmed that these shares were issued without a prospectus under relevant exemptions of the Australian Corporations Act, and reported it remains in compliance with its continuous disclosure obligations, with no excluded information, signaling routine capital management and employee-incentive related dilution for existing shareholders.
The most recent analyst rating on (AU:SX2) stock is a Hold with a A$8.00 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 a dual-listed resources company trading on the TSX Venture Exchange and ASX under the ticker SXGC/SX2, with corporate offices in Canada and Australia. The company is involved in gold exploration and development activities, operating within the broader mining and resources industry with a focus on advancing its assets in key mining jurisdictions.
Average Trading Volume: 574,940
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.69B
Find detailed analytics on SX2 stock on TipRanks’ Stock Analysis page.