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The latest announcement is out from Yandal Resources Ltd. ( (AU:YRL) ).
Yandal Resources Limited has successfully raised $966,942 through the exercise of 8,790,384 options, issuing shares at 11 cents each. This capital influx supports the company’s ongoing exploration efforts in the Yandal Greenstone Belts, potentially enhancing its market position and offering promising prospects for stakeholders.
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 focused on gold exploration, boasting a portfolio of advanced projects situated in the Yandal Greenstone Belts of Western Australia. The company targets highly prospective areas known for their mineral wealth, aiming to capitalize on the region’s rich gold deposits.
Average Trading Volume: 675,842
Technical Sentiment Signal: Buy
Current Market Cap: A$115.7M
For an in-depth examination of YRL stock, go to TipRanks’ Overview page.