St George Mining Seeks ASX Quotation for New Share Issue

St. George Mining Ltd. ( (AU:SGQ) ) just unveiled an announcement.

St George Mining Limited has applied for quotation on the ASX of 177,220 new ordinary fully paid shares, following the exercise or conversion of existing options or other convertible securities. The issuance modestly increases the company’s listed capital base, providing additional tradable equity for investors and reflecting ongoing utilisation of its equity-based instruments.

The most recent analyst rating on (AU:SGQ) stock is a Sell with a A$0.10 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 operating in the mining sector under the ASX ticker SGQ. The company is involved in the exploration and development of mineral projects, with its ordinary fully paid shares traded on the Australian Securities Exchange.

Average Trading Volume: 26,058,377

Technical Sentiment Signal: Buy

Current Market Cap: A$380.9M

For detailed information about SGQ stock, go to TipRanks’ Stock Analysis page.