Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
BMG Resources Limited ( (AU:BMG) ) has provided an update.
BMG Resources Limited has requested a trading halt on its securities on the ASX to facilitate an orderly market while it prepares an announcement regarding an institutional-led capital raising. Trading in the company’s shares will be paused from 2 February 2026 and is expected to resume by 4 February 2026 or once the capital-raising announcement is released, signalling a forthcoming funding initiative that could affect the company’s capital structure and be material for existing and prospective investors.
The most recent analyst rating on (AU:BMG) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on BMG Resources Limited stock, see the AU:BMG Stock Forecast page.
More about BMG Resources Limited
Average Trading Volume: 7,904,186
Technical Sentiment Signal: Buy
Current Market Cap: A$25.69M
Learn more about BMG stock on TipRanks’ Stock Analysis page.