tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Kalgoorlie Gold Mining Issues New Shares to Bolster Financial Position

Story Highlights
Kalgoorlie Gold Mining Issues New Shares to Bolster Financial Position

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Kalgoorlie Gold Mining Limited ( (AU:KAL) ).

Kalgoorlie Gold Mining Limited has issued 9,176,462 fully paid ordinary shares at an issue price of $0.032 each, as announced on 24 September 2025. This move, compliant with relevant sections of the Corporations Act 2001, indicates the company’s ongoing efforts to strengthen its financial position and support its operational activities, potentially impacting its market presence and stakeholder interests.

More about Kalgoorlie Gold Mining Limited

Kalgoorlie Gold Mining Limited operates in the mining industry, focusing on the exploration and development of gold resources in Australia.

Average Trading Volume: 877,639

Technical Sentiment Signal: Hold

Current Market Cap: A$16.83M

For a thorough assessment of KAL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1