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An announcement from Beowulf Mining ( (GB:BEM) ) is now available.
Beowulf Mining has announced the conversion of £25,000 of its unsecured convertible loan notes into equity, resulting in the issue of 395,131 new ordinary shares of 5 pence each to the investor. The new shares are expected to be admitted to trading on AIM on 19 January 2026, increasing the company’s issued share capital to 60,052,997 ordinary shares and slightly diluting existing shareholders, while simplifying its capital structure and altering voting rights calculations under UK disclosure rules.
The most recent analyst rating on (GB:BEM) stock is a Hold with a £10.00 price target. To see the full list of analyst forecasts on Beowulf Mining stock, see the GB:BEM Stock Forecast page.
Spark’s Take on GB:BEM Stock
According to Spark, TipRanks’ AI Analyst, GB:BEM is a Neutral.
The score is primarily held down by the lack of revenue, recurring losses, and continued cash burn, despite some improvement in 2024. Low leverage and a sizable equity base provide balance-sheet support, but the technical picture remains weak with the stock below major moving averages and limited valuation support due to negative earnings.
To see Spark’s full report on GB:BEM stock, click here.
More about Beowulf Mining
Beowulf Mining plc is a European mineral exploration and development company listed on AIM and Spotlight, focused on identifying and advancing mineral resources projects, with exposure to iron ore and other metals across its portfolio.
Average Trading Volume: 25,907
Technical Sentiment Signal: Strong Sell
Current Market Cap: £6.26M
See more data about BEM stock on TipRanks’ Stock Analysis page.