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Karoon Energy Ltd ( (AU:KAR) ) has issued an announcement.
Karoon Energy Ltd has announced the quotation of 32,280 fully paid ordinary securities on the Australian Securities Exchange, effective from October 22, 2025. This move is part of the company’s strategic efforts to enhance its market presence and operational capacity, potentially impacting its industry positioning by increasing its capital base and providing more opportunities for stakeholder engagement.
The most recent analyst rating on (AU:KAR) stock is a Hold with a A$1.86 price target. To see the full list of analyst forecasts on Karoon Energy Ltd stock, see the AU:KAR Stock Forecast page.
More about Karoon Energy Ltd
Karoon Energy Ltd is a company operating in the energy sector, primarily focusing on the exploration and production of oil and gas resources. The company is listed on the Australian Securities Exchange (ASX) and is involved in the development of energy projects with a market focus on sustainable and efficient resource extraction.
Average Trading Volume: 4,056,740
Technical Sentiment Signal: Sell
Current Market Cap: A$1.15B
For detailed information about KAR stock, go to TipRanks’ Stock Analysis page.