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Southern Cross Gold Reports CDI Reduction and Common Share Increase

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Southern Cross Gold Reports CDI Reduction and Common Share Increase

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Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs ( (AU:SX2) ) has provided an announcement.

Southern Cross Gold Consolidated Ltd. has announced a net decrease in the number of CHESS Depositary Interests (CDIs) issued over quoted securities, with a reduction of 2,241,668 CDIs from the previous month. This change is attributed to net transfers of securities between CDIs and common shares, as quoted on the TSX Exchange. The total number of common shares increased by the same amount, indicating a shift in the company’s securities structure.

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

Average Trading Volume: 681,135

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.97B

See more insights into SX2 stock on TipRanks’ Stock Analysis page.

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