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Xstate Resources Limited ( (AU:XST) ) has issued an update.
Xstate Resources Limited has requested a trading halt on its securities, effective from 29 October 2025, pending an announcement regarding a capital raising. This move indicates that the company is likely seeking to secure additional funding, which could impact its financial standing and strategic operations. The trading halt will remain in place until the announcement is made or until normal trading resumes on 31 October 2025, whichever comes first.
More about Xstate Resources Limited
Xstate Resources Limited operates in the energy sector, focusing on the exploration and development of oil and gas resources. The company is listed on the Australian Securities Exchange under the ticker XST.
YTD Price Performance: 35.00%
Average Trading Volume: 9,332,930
Technical Sentiment Signal: Sell
Current Market Cap: A$7.29M
Learn more about XST stock on TipRanks’ Stock Analysis page.