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An update from Beacon Minerals ( (AU:BCN) ) is now available.
Beacon Minerals Limited has announced a proposed issue of 3,000,000 unlisted options, exercisable at $3.51 on or before November 30, 2029. This strategic move is aimed at strengthening the company’s financial position and enhancing its market operations, potentially impacting its stakeholders by providing additional capital for growth and development.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
More about Beacon Minerals
Beacon Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the production and sale of gold, positioning itself within the precious metals market.
Average Trading Volume: 80,468
Technical Sentiment Signal: Buy
Current Market Cap: A$268.6M
See more data about BCN stock on TipRanks’ Stock Analysis page.