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An update from Burgundy Diamond Mines Ltd ( (AU:BDM) ) is now available.
Burgundy Diamond Mines Limited has requested an extension of its voluntary suspension of securities trading until December 11, 2025, as it seeks to finalize a critical external funding package. The company believes that continued trading could hinder its ability to secure the necessary funding, which is essential for its ongoing financial stability.
The most recent analyst rating on (AU:BDM) stock is a Hold with a A$0.04 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 Limited operates in the diamond mining industry, focusing on the exploration and development of diamond resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker BDM and is engaged in securing external funding to support its financial viability.
Average Trading Volume: 1,414,045
Technical Sentiment Signal: Sell
Current Market Cap: A$24.16M
Find detailed analytics on BDM stock on TipRanks’ Stock Analysis page.