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The latest update is out from Rox Resources Limited ( (AU:RXL) ).
Rox Resources Limited has announced the issuance of 2,247,967 fully paid ordinary securities, which are set to 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 exploration and development projects, potentially impacting its market positioning and stakeholder interests positively.
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 on the exploration and development of mineral resources. The company primarily deals with the extraction and production of valuable minerals, positioning itself in the market as a key player in resource development.
Average Trading Volume: 2,047,015
Current Market Cap: A$382.6M
See more insights into RXL stock on TipRanks’ Stock Analysis page.