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Yandal Resources Ltd. ( (AU:YRL) ) has issued an update.
Yandal Resources Ltd. has announced the issuance of 6,481,012 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code YRL. This move is a result of options being exercised or convertible securities being converted, potentially impacting the company’s financial structure and market positioning by increasing its capital base, which may provide additional resources for its exploration activities.
The most recent analyst rating on (AU:YRL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Yandal Resources Ltd. stock, see the AU:YRL Stock Forecast page.
More about Yandal Resources Ltd.
Yandal Resources Ltd. operates in the mining industry, focusing on the exploration and development of gold resources. The company is primarily engaged in identifying and advancing gold projects in Australia, aiming to increase its resource base and enhance shareholder value.
Average Trading Volume: 648,391
Technical Sentiment Signal: Buy
Current Market Cap: A$115.6M
Learn more about YRL stock on TipRanks’ Stock Analysis page.