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Wildcat Resources Ltd. ( (AU:WC8) ) has issued an announcement.
Wildcat Resources Ltd. has announced an on-market buy-back of its ordinary fully paid shares, as indicated by their ASX security code WC8. This strategic move is likely aimed at optimizing the company’s capital structure and could potentially enhance shareholder value by reducing the number of shares outstanding, thereby increasing earnings per share.
The most recent analyst rating on (AU:WC8) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Wildcat Resources Ltd. stock, see the AU:WC8 Stock Forecast page.
More about Wildcat Resources Ltd.
Average Trading Volume: 2,834,254
Technical Sentiment Signal: Sell
Current Market Cap: A$168.1M
For detailed information about WC8 stock, go to TipRanks’ Stock Analysis page.