Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from St. George Mining Ltd. ( (AU:SGQ) ).
St George Mining Limited has issued 2,027,809 fully paid ordinary shares following the conversion of options, confirming that the new shares were issued without a prospectus under relevant Corporations Act provisions and that the company remains compliant with its financial reporting and continuous disclosure obligations. The company also noted that exploration work at its Araxa Project is currently under way, with results to be analysed and released in line with disclosure requirements, underscoring continued operational activity that may influence its future project pipeline and investor outlook.
The most recent analyst rating on (AU:SGQ) stock is a Sell with a A$0.09 price target. To see the full list of analyst forecasts on St. George Mining Ltd. stock, see the AU:SGQ Stock Forecast page.
More about St. George Mining Ltd.
St George Mining Limited is an Australian-listed mineral exploration company focused on advancing its portfolio of projects, including the Araxa Project, where it is conducting ongoing exploration activities. The company operates within the mining and resources sector, targeting exploration and potential development of mineral assets to create value for shareholders.
Average Trading Volume: 35,331,253
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$380.2M
Learn more about SGQ stock on TipRanks’ Stock Analysis page.