Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Southern Cross Gold Ltd. ( (AU:SXG) ) has shared an update.
Southern Cross Gold Ltd announced that the scheme of arrangement for its acquisition by Southern Cross Gold Consolidated Ltd has become legally effective. As a result of the Supreme Court of New South Wales’ approval, the company’s shares will be suspended, and shareholders will receive compensation as outlined in the scheme, positioning the company for a strategic consolidation in the gold mining sector.
More about Southern Cross Gold Ltd.
Southern Cross Gold Ltd is a company involved in the gold mining industry, focusing on exploration and production of gold resources. It operates primarily in Australia, with a market focus on expanding its gold assets and enhancing shareholder value.
YTD Price Performance: 4.35%
Average Trading Volume: 289,269
Technical Sentiment Consensus Rating: Sell
See more insights into SXG stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue