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An announcement from Beacon Minerals ( (AU:BCN) ) is now available.
Beacon Minerals Limited has announced the issuance of 109,195 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code BCN. This move is part of the company’s strategy to enhance its capital structure, potentially impacting its market position and offering new opportunities for stakeholders.
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 extraction and production of gold, positioning itself within the precious metals market.
Average Trading Volume: 116,843
Technical Sentiment Signal: Buy
Current Market Cap: A$265.4M
For an in-depth examination of BCN stock, go to TipRanks’ Overview page.