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SQX Resources Limited ( (AU:SQX) ) has provided an update.
SQX Resources Limited has issued 20 million fully paid ordinary shares as consideration to the shareholders of AM6 Pty Ltd, expanding its share base through this equity-based transaction. The company stated that the shares were issued without a prospectus under relevant Corporations Act provisions, and confirmed it remains compliant with its financial reporting and continuous disclosure obligations, with no undisclosed information material to investors’ assessment of the company or its ordinary shares.
The most recent analyst rating on (AU:SQX) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on SQX Resources Limited stock, see the AU:SQX Stock Forecast page.
More about SQX Resources Limited
Average Trading Volume: 390,523
Technical Sentiment Signal: Buy
Current Market Cap: A$7.18M
See more data about SQX stock on TipRanks’ Stock Analysis page.