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Pacific American Holdings Ltd. ( (AU:AVM) ) just unveiled an update.
Advance Metals Limited has issued 68,182 fully paid ordinary shares following the exercise of options, modestly increasing its share capital base. The company confirmed that the new shares were issued without a prospectus under relevant Australian securities law provisions, and stated it remains compliant with its continuous disclosure and financial reporting obligations, indicating no undisclosed price-sensitive information for investors at this time.
The most recent analyst rating on (AU:AVM) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Pacific American Holdings Ltd. stock, see the AU:AVM Stock Forecast page.
More about Pacific American Holdings Ltd.
Advance Metals Limited (ASX: AVM) is an Australian-listed company operating in the resources sector, with its primary activity centred on the exploration and development of mineral assets for the metals market.
Average Trading Volume: 6,729,234
Technical Sentiment Signal: Buy
Current Market Cap: A$65.94M
For a thorough assessment of AVM stock, go to TipRanks’ Stock Analysis page.