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Western Gold Resources Ltd. ( (AU:WGR) ) has shared an update.
Western Gold Resources Ltd. has successfully raised $720,000 through a share placement at a 28% premium to the 30-day VWAP. This capital raising, supported by new professional and sophisticated investors, bolsters the company’s financial position and supports the advancement of the Gold Duke Project towards production, highlighting the company’s strategic progress in a strong gold market.
More about Western Gold Resources Ltd.
Western Gold Resources Ltd. operates in the mining industry, primarily focusing on gold exploration and development. The company is advancing its flagship asset, the Gold Duke Project, working towards its first production in a robust gold market.
YTD Price Performance: 26.67%
Average Trading Volume: 298,184
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$6.47M
See more data about WGR stock on TipRanks’ Stock Analysis page.
