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Bayan Mining and Minerals Resumes Trading After Terminating Technology License

Story Highlights
  • Bayan Mining and Minerals Limited has terminated its agreement to license technology from Macquarie University.
  • The termination led to the lifting of the trading suspension on BMM’s securities, affecting its market operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

The latest announcement is out from Balkan Mining and Minerals Ltd ( (AU:BMM) ).

Bayan Mining and Minerals Limited, listed on the ASX under the ticker BMM, has announced the termination of its agreement to license the ‘Microwave Joule Heating Technology’ from Macquarie University. This decision has led to the immediate lifting of the suspension of trading in BMM’s securities, potentially impacting the company’s operational strategies and market perception.

More about Balkan Mining and Minerals Ltd

YTD Price Performance: -28.00%

Average Trading Volume: 684,361

Technical Sentiment Signal: Buy

Current Market Cap: A$3.46M

For a thorough assessment of BMM stock, go to TipRanks’ Stock Analysis page.

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