Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Gascoyne Resources Limited ( (AU:SPR) ) has provided an announcement.
Spartan Resources Limited, a company listed on the ASX, has announced that its shareholders have overwhelmingly approved a scheme of arrangement for its acquisition by Ramelius Resources Limited. The proposed transaction involves a cash and share offer, and the scheme’s approval by the Supreme Court of Western Australia is pending. If approved, the scheme will be implemented by the end of July 2025, impacting Spartan’s trading status on the ASX and providing shareholders with the agreed consideration.
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
Learn more about SPR stock on TipRanks’ Stock Analysis page.