Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Mitre Mining Corporation Limited ( (AU:ASL) ) has issued an announcement.
Andean Silver Limited will close its recently launched Share Purchase Plan earlier than scheduled after receiving applications that significantly exceeded its A$3 million target, underscoring strong shareholder demand for additional equity in the company. To limit the scale-back of applications, the SPP will now close on 29 December 2025, with new fully paid ordinary shares expected to be issued on 6 January 2026 and quoted from 7 January 2026, a development that strengthens Andean’s capital position and signals solid investor confidence in its strategy and outlook.
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
Andean Silver Limited is an Australian-listed mining company focused on silver exploration and development, with its shares traded on the ASX and OTCQX markets. The company targets investors seeking exposure to precious metals through participation in its equity raisings and project growth initiatives.
Average Trading Volume: 1,751,724
Technical Sentiment Signal: Buy
Current Market Cap: A$459.9M
Learn more about ASL stock on TipRanks’ Stock Analysis page.