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Resources & Energy Group Limited ( (AU:REZ) ) has provided an announcement.
Resources & Energy Group Limited responded to a price query from the ASX, indicating no undisclosed information affecting recent trading activity. Instead, they attributed the trading changes to a 20% increase in the Australian dollar gold price since April 2024, which has positively impacted the expected returns of their Maranoa gold recovery program. The company confirmed compliance with ASX Listing Rules and emphasized transparency in their disclosures.
More about Resources & Energy Group Limited
Resources & Energy Group Limited operates in the mining industry, focusing on gold recovery. Their primary project is the trial gold recovery program at the Maranoa prospect in East Menzies, which is aimed at enhancing their market position in the gold sector.
YTD Price Performance: 39.13%
Average Trading Volume: 1,368,932
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$18.81M
For detailed information about REZ stock, go to TipRanks’ Stock Analysis page.
