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Great Northern Minerals Addresses ASX Query on Trading Activity

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Great Northern Minerals Addresses ASX Query on Trading Activity

An update from Great Northern Minerals Limited ( (AU:GNM) ) is now available.

Great Northern Minerals Limited has addressed a query from the ASX regarding the recent increase in the volume and price of its securities. The company attributes this momentum to the completion of the third earn-in stage under a binding share sale agreement and an improved cash position following a $1.3 million cash consideration. GNM confirms compliance with ASX Listing Rules and states that its board has authorized the responses provided.

More about Great Northern Minerals Limited

Great Northern Minerals Limited is a company operating in the mining industry, focusing on mineral exploration and development. The company is engaged in the acquisition and development of gold and other mineral resources, primarily in Australia.

YTD Price Performance: -23.08%

Average Trading Volume: 528,083

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €1.97M

See more data about GNM stock on TipRanks’ Stock Analysis page.

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