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Xstate Resources Pursues New Projects for ASX Relisting
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Xstate Resources Pursues New Projects for ASX Relisting

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The latest update is out from Xstate Resources Limited ( (AU:XST) ).

Xstate Resources Limited is working towards relisting its shares on the ASX after a suspension in August 2024. The company is actively seeking a new project to meet ASX compliance requirements, which include a capital raise and issuing a Disclosure Document. Xstate continues to evaluate its existing portfolio, maintaining interests in projects in Canada, Austria, and California, while ending the quarter with a cash balance of A$3.55 million.

More about Xstate Resources Limited

Xstate Resources Limited operates in the oil and gas industry, focusing on exploration and production activities. The company holds interests in various projects across Canada, Austria, and the USA, including the Crest Jinn wells, Anshof project, and Sacramento Basin.

YTD Price Performance: 0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €1.73M

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

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