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The latest update is out from Bluejay Mining ( (GB:80M) ).
80 Mile plc has issued 2,500,000 new ordinary shares following the exercise of advisor warrants at 0.30p, with the stock set to be admitted to trading on AIM around 9 March 2026. Following this admission, the company’s share capital will total 5,009,062,696 ordinary shares, of which 4,805,505,678 carry voting rights, a key reference point for investors monitoring disclosure thresholds.
The warrant exercise marginally strengthens 80 Mile’s capital base as it advances large-scale hydrocarbon and critical metals projects in Greenland and grows its industrial gas and biofuels operations in Italy. With bankable studies, joint venture funding structures and drill programmes in place across its Jameson, Disko-Nuussuaq and Dundas assets, the enlarged equity base underpins the company’s efforts to convert its resource portfolio into near-term revenue and longer-term value for shareholders.
The most recent analyst rating on (GB:80M) stock is a Hold with a £1.00 price target. To see the full list of analyst forecasts on Bluejay Mining stock, see the GB:80M Stock Forecast page.
Spark’s Take on GB:80M Stock
According to Spark, TipRanks’ AI Analyst, GB:80M is a Neutral.
The score is held down primarily by weak financial performance (no revenue, widening losses, and ongoing cash burn), which increases funding and dilution risk despite low debt. Technicals are supportive with strong trend and positive momentum, but overbought signals temper the benefit. Valuation is difficult to assess due to negative earnings and no dividend yield data.
To see Spark’s full report on GB:80M stock, click here.
More about Bluejay Mining
80 Mile plc is a multi-listed exploration and development company focused on hydrocarbons and high-grade critical metals in Greenland, alongside an industrial gas and biofuels business in Italy. The group’s diversified portfolio spans oil and gas, base and precious metals, and sustainable fuels, supported by flagship projects such as the Jameson gas and liquids basin, the Disko-Nuussuaq nickel-copper district, and the high-grade Dundas ilmenite deposit.
Average Trading Volume: 84,375,972
Technical Sentiment Signal: Hold
Current Market Cap: £49.82M
See more data about 80M stock on TipRanks’ Stock Analysis page.