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An update from 29metals Ltd. ( (AU:29M) ) is now available.
29Metals Ltd. announced the issuance of 20,089,044 performance rights as part of an employee incentive scheme. These securities are unquoted and not intended for trading on the ASX, reflecting the company’s strategy to motivate and retain its workforce, potentially impacting its operational efficiency and stakeholder engagement.
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.
29Metals Ltd. operates in the mining industry, focusing on the extraction and production of base metals. The company is engaged in the exploration and development of mineral resources, primarily targeting copper and zinc, which are essential for various industrial applications.
Average Trading Volume: 4,780,195
Technical Sentiment Signal: Sell
Current Market Cap: A$260.6M
For detailed information about 29M stock, go to TipRanks’ Stock Analysis page.