Why is the Dacian Gold (ASX:DCN) share price frozen today?
Why is the Dacian Gold (ASX:DCN) share price frozen today?
The Dacian Gold Ltd (ASX: DCN) share price will resume trading on Friday after announcing a $40 million capital raising.
Kerry Sun is a site writer at The Motley Fool Australia. He holds a Bachelor of Commerce, majoring in Finance and Economics. Kerry started his investing and trading journey back in 2014, riding the highs of A2 Milk and lows of Slater and Gordon. Kerry takes a techno-fundamental view on stocks, understanding the importance of sound fundamentals supported by a strong technical chart. Current sectors of interest include US sports betting, rare earths, lithium and BNPL.
By Mark Woodruff
Guide:
The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macquarie, Morgan Stanley, Morgans, Ord Minnett and UBS.
For the purpose of broker rating correlation, Outperform and Overweight ratings are grouped as Buy, Neutral is grouped with Hold and Underperform and Underweight are grouped as Sell to provide a Buy/Hold/Sell (B/H/S) ratio.
Ratings, consensus target price and forecast earnings tables are published at the bottom of this report.
Summary
Total Upgrades: 10
Net Ratings Breakdown: Buy 54.77%; Hold 38.50%; Sell 6.73%
For the week ending Friday 14 May, there were ten upgrades and eight downgrades to ASX-listed companies by brokers in the FNArena database.