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An announcement from Yandal Resources Ltd. ( (AU:YRL) ) is now available.
Yandal Resources Limited has successfully raised $918,711 through the issuance of 8,351,922 shares at 11 cents each, following the exercise of options. This capital raising effort reflects the company’s ongoing commitment to advancing its exploration projects in the Yandal Greenstone Belts, potentially enhancing its operational capabilities and market position in the gold exploration industry.
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 Limited is engaged in advanced gold exploration projects located in the Yandal Greenstone Belts of Western Australia. The company focuses on exploring and developing gold resources in this highly prospective region.
Average Trading Volume: 658,927
Technical Sentiment Signal: Buy
Current Market Cap: A$107.6M
Learn more about YRL stock on TipRanks’ Stock Analysis page.