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St George Mining Seeks ASX Quotation for Additional 100,000 Shares

Story Highlights
  • St George Mining has applied to quote 100,000 new ordinary shares on the ASX.
  • The new shares stem from exercised convertible securities, slightly increasing SGQ’s free float and liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
St George Mining Seeks ASX Quotation for Additional 100,000 Shares

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St. George Mining Ltd. ( (AU:SGQ) ) has issued an announcement.

St George Mining Limited has applied to the ASX for quotation of 100,000 new ordinary fully paid shares, to be listed under its existing SGQ code. The securities arise from the exercise or conversion of existing options or other convertible instruments, marginally increasing the company’s quoted share capital and potentially broadening liquidity for its investors.

The most recent analyst rating on (AU:SGQ) stock is a Hold with a A$0.11 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 resources company focused on mineral exploration and development. Its ordinary fully paid shares trade on the ASX under the ticker SGQ, giving investors exposure to its portfolio of mining and exploration assets.

Average Trading Volume: 26,058,377

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$380.9M

See more insights into SGQ stock on TipRanks’ Stock Analysis page.

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