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An update from Beacon Minerals ( (AU:BCN) ) is now available.
Beacon Minerals Limited has announced the issuance of 1,250 fully paid ordinary securities, which are set to be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to capitalize on convertible securities being exercised, potentially enhancing its financial flexibility and market presence.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$1.50 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 the extraction and processing of gold, positioning itself within the precious metals market.
Average Trading Volume: 99,430
Technical Sentiment Signal: Buy
Current Market Cap: A$236.8M
See more insights into BCN stock on TipRanks’ Stock Analysis page.