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An announcement from Boab Metals Ltd ( (AU:BML) ) is now available.
Boab Metals Limited has issued 37,500,000 fully paid ordinary shares at $0.16 per share to professional, sophisticated, and institutional investors. This strategic move utilizes the company’s placement capacity under ASX Listing Rules, potentially enhancing its financial standing and market positioning.
The most recent analyst rating on (AU:BML) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
More about Boab Metals Ltd
Boab Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with metals, catering to professional, sophisticated, and institutional investors.
Average Trading Volume: 631,782
Technical Sentiment Signal: Buy
Current Market Cap: A$38.68M
For detailed information about BML stock, go to TipRanks’ Stock Analysis page.