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Western Gold Resources Ltd. ( (AU:WGR) ) has shared an announcement.
Western Gold Resources Ltd. has announced a proposed issue of 18 million fully paid ordinary securities, with the anticipated issue date set for January 17, 2025. This move is aimed at raising capital, potentially enhancing the company’s operational capabilities and market positioning in the gold mining sector.
More about Western Gold Resources Ltd.
Western Gold Resources Ltd. operates in the mining industry, focusing on the exploration and development of gold resources. As a company listed on the Australian Securities Exchange (ASX), it engages in activities related to the extraction of valuable minerals, primarily gold, to serve the global markets.
YTD Price Performance: 26.67%
Average Trading Volume: 298,184
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$6.47M
See more insights into WGR stock on TipRanks’ Stock Analysis page.