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The latest announcement is out from WIA Gold Limited ( (AU:WIA) ).
Wia Gold Limited has successfully raised A$30 million through a placement at $0.30 per share, supported by both domestic and international investors. The funds will be used to accelerate exploration and development activities at the Kokoseb project in Namibia, advance ongoing studies towards a Definitive Feasibility Study, and cover corporate costs. This strategic move is expected to enhance the company’s resource base and strengthen its market position.
The most recent analyst rating on (AU:WIA) stock is a Buy with a A$0.41 price target. To see the full list of analyst forecasts on WIA Gold Limited stock, see the AU:WIA Stock Forecast page.
More about WIA Gold Limited
Wia Gold Limited is a company operating in the mining industry, primarily focusing on gold exploration and development. The company is actively engaged in resource development and exploration activities, with a significant project located in Namibia.
Average Trading Volume: 1,833,672
Technical Sentiment Signal: Buy
Current Market Cap: A$432.9M
See more data about WIA stock on TipRanks’ Stock Analysis page.