Ausgold Limited Announces Proposed Issue of 100 Million Securities

Tip Ranks
2025.11.19 01:33
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Ausgold Limited has announced a proposed issue of 100 million ordinary fully paid securities, scheduled for January 12, 2026. This move aims to raise capital to support its operations and strengthen its market position in the gold mining industry. The latest analyst rating for Ausgold Limited (AU:AUC) is a Buy with a price target of A$2.05. The company focuses on gold exploration and development, with a current market cap of A$381.5M.