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Big River Industries Ltd. ( (AU:BRI) ) has provided an announcement.
Big River Industries Ltd. has announced the quotation of 1,450,322 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, signifying the company’s strategic efforts to enhance its market presence and liquidity. The issuance of these securities is expected to have implications for stakeholders, potentially increasing the company’s financial flexibility and market capitalization.
The most recent analyst rating on (AU:BRI) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Big River Industries Ltd. stock, see the AU:BRI Stock Forecast page.
More about Big River Industries Ltd.
Big River Industries Ltd. operates in the industrial sector, focusing on the production and distribution of building and construction materials. The company is known for its comprehensive range of products catering to various construction needs, positioning itself as a key player in the market.
Average Trading Volume: 86,889
Technical Sentiment Signal: Sell
Current Market Cap: A$130.8M
Learn more about BRI stock on TipRanks’ Stock Analysis page.