BUZZ-Australia's Aguia Resources hits two-month low on discounted placement
Reuters
Feb 03
BUZZ-Australia's Aguia Resources hits two-month low on discounted placement
** Shares of Australia's Aguia Resources AGR.AX fall as much as 29.2% to A$0.017, their lowest point since November 27
** The phosphate producer raises A$5 million ($3.48 million) in capital at A$0.020 per share
** Issue price represents a 20% discount to stock's last close
** Stock last down 22.9%
** AGR lost 33.3% in 2025, and is down 15.9% YTD
($1 = 1.4368 Australian dollars)
(Reporting by Shruti Agarwal in Bengaluru)
((Shruti.Agarwal@thomsonreuters.com))
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