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Hillgrove Resources Limited ( (AU:HGO) ) has issued an update.
Hillgrove Resources Limited has announced the issuance of unquoted equity securities, specifically options expiring on May 16, 2028, with an exercise price of $0.0525. This issuance, totaling 18,571,428 options, is part of a previously announced transaction and is not intended to be quoted on the ASX. This move may impact the company’s financial strategy and stakeholder interests by potentially increasing capital and providing future growth opportunities.
The most recent analyst rating on (AU:HGO) stock is a Buy with a A$0.10 price target. To see the full list of analyst forecasts on Hillgrove Resources Limited stock, see the AU:HGO Stock Forecast page.
More about Hillgrove Resources Limited
Average Trading Volume: 5,541,855
Technical Sentiment Signal: Sell
Current Market Cap: A$99.21M
For detailed information about HGO stock, go to TipRanks’ Stock Analysis page.