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Rox Resources Limited ( (AU:RXL) ) has issued an update.
Rox Resources Limited has announced the issuance of 293,273 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code RXL. This move is part of the company’s strategy to enhance its financial flexibility and support its ongoing operations, potentially impacting its market position and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:RXL) stock is a Buy with a A$0.93 price target. To see the full list of analyst forecasts on Rox Resources Limited stock, see the AU:RXL Stock Forecast page.
More about Rox Resources Limited
Rox Resources Limited operates in the mining industry, focusing primarily on the exploration and development of mineral resources. The company is known for its involvement in the extraction and production of various minerals, contributing to the broader resource sector.
Average Trading Volume: 2,081,487
Current Market Cap: A$323.5M
For a thorough assessment of RXL stock, go to TipRanks’ Stock Analysis page.