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St. George Mining Ltd. ( (AU:SGQ) ) has shared an announcement.
St. George Mining Ltd. announced a proposed issue of securities, with a maximum of 100 ordinary fully paid shares to be issued. This move is part of the company’s strategy to raise capital, potentially impacting its financial position and market operations by providing additional resources for its exploration and development activities.
The most recent analyst rating on (AU:SGQ) stock is a Buy with a A$0.44 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 Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the discovery and development of nickel, copper, and gold deposits, with a market focus on enhancing its mineral asset portfolio.
Average Trading Volume: 36,336,022
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$355.1M
Learn more about SGQ stock on TipRanks’ Stock Analysis page.