Ausgold Director Adjusts Shareholding to Meet Tax Obligations
Ausgold Limited (AU:AUC) announced that director Mark Barlow Turner disposed of 200,000 ordinary shares worth $179,784 to meet personal income tax obligations from performance rights. This routine financial management is not expected to impact the company's operations. The latest analyst rating for AU:AUC is a Buy with a price target of A$1.80. Ausgold focuses on gold resource exploration and development, with a current market cap of A$396.4M and an average trading volume of 995,785 shares.
Ausgold Limited ( (AU:AUC) ) has provided an announcement.
Ausgold Limited has announced a change in the director’s interest, as Mark Barlow Turner disposed of 200,000 ordinary shares valued at $179,784. This disposal was conducted through an on-market trade to cover personal income tax obligations arising from the vesting and exercise of performance rights. The transaction reflects routine financial management by the director and is not expected to significantly impact the company’s operations or market positioning.
The most recent analyst rating on (AU:AUC) stock is a Buy with a A$1.80 price target. To see the full list of analyst forecasts on Ausgold Limited stock, see the AU:AUC Stock Forecast page.
More about Ausgold Limited
Ausgold Limited operates in the mining industry, focusing on the exploration and development of gold resources. The company is engaged in identifying and developing gold mining projects, aiming to expand its market presence and enhance its resource base.
Average Trading Volume: 995,785
Technical Sentiment Signal: Buy
Current Market Cap: A$396.4M
Learn more about AUC stock on TipRanks’ Stock Analysis page.
