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The latest update is out from Ballymore Resources Limited ( (AU:BMR) ).
Ballymore Resources Limited has applied to the ASX for quotation of 100,000 new fully paid ordinary shares, to be issued under its existing listing arrangements. The small placement of additional equity arises from the exercise or conversion of existing options or other convertible securities, modestly increasing the company’s quoted share capital and marginally diluting existing holders while signalling continued investor uptake of its equity instruments.
The most recent analyst rating on (AU:BMR) stock is a Hold with a A$0.32 price target. To see the full list of analyst forecasts on Ballymore Resources Limited stock, see the AU:BMR Stock Forecast page.
More about Ballymore Resources Limited
Average Trading Volume: 298,107
Technical Sentiment Signal: Buy
Current Market Cap: A$59.99M
For detailed information about BMR stock, go to TipRanks’ Stock Analysis page.