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The latest update is out from Alicanto Minerals ( (AU:AQI) ).
Alicanto Minerals Limited has announced a proposed issue of securities, including 545,454,546 vendor performance rights and 866,190,909 ordinary fully paid shares. This issuance is part of a strategic move to enhance the company’s capital structure and support its ongoing exploration and development activities, potentially strengthening its position in the mining industry.
The most recent analyst rating on (AU:AQI) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Alicanto Minerals stock, see the AU:AQI Stock Forecast page.
More about Alicanto Minerals
Alicanto Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with the discovery and extraction of minerals, with a market focus on expanding its mineral asset portfolio.
Average Trading Volume: 1,395,928
Technical Sentiment Signal: Buy
Current Market Cap: A$52.91M
See more insights into AQI stock on TipRanks’ Stock Analysis page.