The latest announcement is out from Golden Deeps Limited ( (AU:GED) ).
Golden Deeps Limited has issued over 23 million fully paid ordinary shares as part of its acquisition of an 80% stake in Namex Pty Ltd. This strategic move is expected to enhance the company’s asset base and strengthen its position in the mining sector, potentially impacting stakeholders positively by expanding its operational capabilities.
More about Golden Deeps Limited
Golden Deeps Limited operates in the mining industry, focusing on the acquisition and development of mineral resources. The company is listed on the Australian Securities Exchange and is involved in expanding its portfolio through strategic acquisitions.
YTD Price Performance: -5.00%
Average Trading Volume: 221,728
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.19M
See more insights into GED stock on TipRanks’ Stock Analysis page.