Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Black Rock Mining Limited ( (AU:BKT) ) has provided an update.
Black Rock Mining Limited has announced a Share Purchase Plan (SPP) offering eligible shareholders the opportunity to purchase up to A$30,000 worth of shares at A$0.021 per share, with a free option for each new share subscribed. The funds raised, targeted at A$2,000,000, will be used for early works on the Mahenge Graphite Project and general corporate purposes. The SPP is subject to shareholder approval and is not available to shareholders in the United States.
The most recent analyst rating on (AU:BKT) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Black Rock Mining Limited stock, see the AU:BKT Stock Forecast page.
More about Black Rock Mining Limited
Black Rock Mining Limited is a company operating in the mining industry, primarily focused on the exploration and development of graphite projects. Its key market focus is the Mahenge Graphite Project in Tanzania, which is a significant part of its operations.
Average Trading Volume: 1,557,866
Technical Sentiment Signal: Sell
Current Market Cap: A$33.85M
See more data about BKT stock on TipRanks’ Stock Analysis page.