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An announcement from Ballard Mining Limited ( (AU:BM1) ) is now available.
Ballard Mining Limited has secured $20.6 million through a strategic placement of shares at a premium price, with Aurenne Group Holdings becoming a substantial shareholder. The funds will be used to advance the Mt Ida Gold Project, which has a new exploration target, highlighting the project’s potential and strengthening Ballard’s market position.
The most recent analyst rating on (AU:BM1) stock is a Buy with a A$0.80 price target. To see the full list of analyst forecasts on Ballard Mining Limited stock, see the AU:BM1 Stock Forecast page.
More about Ballard Mining Limited
Ballard Mining Limited is a company operating in the mining industry, primarily focused on the exploration and development of gold resources. Its key project is the Mt Ida Gold Project, which is fully permitted and aims to expand its resource base.
Average Trading Volume: 882,534
Learn more about BM1 stock on TipRanks’ Stock Analysis page.