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Felix Gold Expands Share Base with New Issuance

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Felix Gold Expands Share Base with New Issuance

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The latest update is out from Felix Gold Ltd. ( (AU:FXG) ).

Felix Gold Limited has issued 1,566,915 new fully paid ordinary shares, with a portion allocated under the Directors’ Share Plan and the remainder from the exercise of unlisted options. This strategic move is part of the company’s efforts to strengthen its financial position and support its ongoing operations, reflecting compliance with relevant regulatory requirements and maintaining transparency with stakeholders.

The most recent analyst rating on (AU:FXG) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Felix Gold Ltd. stock, see the AU:FXG Stock Forecast page.

More about Felix Gold Ltd.

Felix Gold Limited is a company in the mining industry, primarily focused on gold exploration and development. It operates in the Australian market, leveraging its expertise to expand its resource base and enhance shareholder value.

Average Trading Volume: 2,472,047

Technical Sentiment Signal: Buy

Current Market Cap: A$307.8M

Find detailed analytics on FXG stock on TipRanks’ Stock Analysis page.

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