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Yandal Resources Ltd. ( (AU:YRL) ) just unveiled an update.
Yandal Resources Limited has successfully raised $13.45 million through a capital raising initiative by issuing over 46 million shares at 29 cents each. Additionally, the company raised $29,192 through the exercise of options, issuing 265,385 shares at 11 cents each. This capital influx is expected to bolster Yandal’s exploration activities and enhance its position in the gold exploration sector.
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.
Average Trading Volume: 569,024
Technical Sentiment Signal: Buy
Current Market Cap: A$129.9M
Find detailed analytics on YRL stock on TipRanks’ Stock Analysis page.