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An update from Gascoyne Resources Limited ( (AU:SPR) ) is now available.
Spartan Resources Limited is set to be acquired by Ramelius Resources Limited through a scheme of arrangement, which involves a cash and share offer for Spartan’s shares. The acquisition proposal will be voted on by Spartan shareholders at a Scheme Meeting, with results to be announced shortly after. This transaction could significantly impact Spartan’s operational dynamics and potentially alter its market positioning, affecting stakeholders involved.
The most recent analyst rating on (AU:SPR) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Gascoyne Resources Limited stock, see the AU:SPR Stock Forecast page.
More about Gascoyne Resources Limited
Average Trading Volume: 5,868,280
Technical Sentiment Signal: Buy
Current Market Cap: A$2.5B
For detailed information about SPR stock, go to TipRanks’ Stock Analysis page.