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An announcement from Mitre Mining Corporation Limited ( (AU:ASL) ) is now available.
Andean Silver Limited has successfully raised approximately A$30 million by issuing 16,216,217 fully paid ordinary shares at A$1.85 each, alongside additional shares through option exercises and performance rights conversions. This capital raising effort, conducted without disclosure under the Corporations Act, strengthens the company’s financial position, potentially enhancing its operational capabilities and market competitiveness.
The most recent analyst rating on (AU:ASL) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Mitre Mining Corporation Limited stock, see the AU:ASL Stock Forecast page.
More about Mitre Mining Corporation Limited
Average Trading Volume: 1,695,033
Technical Sentiment Signal: Hold
Current Market Cap: A$462.9M
For a thorough assessment of ASL stock, go to TipRanks’ Stock Analysis page.