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The latest update is out from Mawson Resources ( (TSE:MAW) ).
Southern Cross Gold Consolidated Ltd has completed a significant corporate restructuring including the spin-out of its uranium assets, resulting in the creation of SUA Holdings Limited as a separate entity. The company’s shares have undergone consolidation and a name change, and it is set to commence trading on the Australian Securities Exchange. This move, along with the planned acquisition of Southern Cross Gold Ltd, positions SXGC for expanded operations and a stronger presence in the mining sector.
More about Mawson Resources
Southern Cross Gold Consolidated Ltd (SXGC) operates in the mining industry, focusing on gold and uranium assets. The company is listed on the TSX Venture Exchange and the Australian Securities Exchange, reflecting its international market focus.
YTD Price Performance: -32.70%
Average Trading Volume: 51,232
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$210.1M
For a thorough assessment of MAW stock, go to TipRanks’ Stock Analysis page.