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The latest update is out from 29metals Ltd. ( (AU:29M) ).
29Metals Limited, a company in the mining industry, has announced the appointment of Ashish Gupta as a Non-executive Director, representing BUMA. This follows BUMA’s increased stake in 29Metals to 19.9% after a $180 million equity raise. Gupta’s extensive experience in finance and commercial sectors is expected to bring a fresh perspective to the board, potentially strengthening the company’s strategic direction and stakeholder confidence.
The most recent analyst rating on (AU:29M) stock is a Buy with a A$0.49 price target. To see the full list of analyst forecasts on 29metals Ltd. stock, see the AU:29M Stock Forecast page.
More about 29metals Ltd.
Average Trading Volume: 4,708,389
Technical Sentiment Signal: Hold
Current Market Cap: A$274.3M
Find detailed analytics on 29M stock on TipRanks’ Stock Analysis page.