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An update from Beacon Minerals ( (AU:BCN) ) is now available.
Beacon Minerals Limited announced the issuance of 500,000 unlisted options with an exercise price of $3.65, set to expire on December 10, 2019. This move is part of the company’s strategic financial maneuvers to potentially enhance its capital structure and support its ongoing operations, which could have implications for its market positioning and stakeholder interests.
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 primarily deals with gold mining and has a market focus on expanding its mining operations and resource base.
Average Trading Volume: 80,709
Technical Sentiment Signal: Buy
Current Market Cap: A$279.3M
For a thorough assessment of BCN stock, go to TipRanks’ Stock Analysis page.