Western Gold Resources Ltd. ( (AU:WGR) ) has shared an update.
Western Gold Resources Ltd. has requested a trading halt on its securities as it engages in discussions regarding a capital raising. The halt will remain in effect until the company releases an announcement or until normal trading resumes on April 29, 2025. This move is intended to facilitate an orderly capital raising process, potentially impacting the company’s financial strategy and stakeholder interests.
More about Western Gold Resources Ltd.
Western Gold Resources Ltd. operates in the mining industry, focusing on the exploration and development of gold resources. The company is primarily engaged in identifying and extracting gold deposits, aiming to enhance its market presence in the gold sector.
YTD Price Performance: 90.0%
Average Trading Volume: 419,545
Technical Sentiment Signal: Sell
Current Market Cap: A$10.81M
Learn more about WGR stock on TipRanks’ Stock Analysis page.