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Burgundy Diamond Mines Ltd ( (AU:BDM) ) has issued an announcement.
Burgundy Diamond Mines Ltd has been named by ASX among the long-term suspended entities, with its securities having been suspended from trading for more than three months. Under ASX Listing Rule 17.5, the exchange has set a two-year deadline of 29 September 2027 for Burgundy to successfully execute its plans to resume trading in its securities to ASX’s satisfaction, or risk removal from the official list, highlighting the compliance and timing pressures now facing the company and its shareholders.
The most recent analyst rating on (AU:BDM) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Burgundy Diamond Mines Ltd stock, see the AU:BDM Stock Forecast page.
More about Burgundy Diamond Mines Ltd
Burgundy Diamond Mines Ltd is an Australian resources company focused on diamond exploration, mining and related activities. Listed on the ASX under the code BDM, it operates within the broader mining and minerals sector, with its primary business centred on the discovery and development of diamond assets for global markets.
Technical Sentiment Signal: Sell
Current Market Cap: A$24.16M
See more data about BDM stock on TipRanks’ Stock Analysis page.