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The latest announcement is out from C29 Metals Limited ( (AU:C29) ).
C29 Metals Limited has lodged details with the ASX for a proposed placement of up to 5,357,143 new ordinary fully paid shares, with an expected issue date of 30 June 2026. The capital raising, conducted via a placement or similar structure, is aimed at expanding the company’s equity base and may support its ongoing operational and exploration activities, potentially strengthening its financial position and flexibility within the competitive metals and resources sector.
The most recent analyst rating on (AU:C29) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on C29 Metals Limited stock, see the AU:C29 Stock Forecast page.
More about C29 Metals Limited
C29 Metals Limited is an Australian-listed company in the metals sector, trading on the ASX under the code C29. The company is involved in the exploration and development of metal resources, positioning itself within the broader mining and resources industry.
Average Trading Volume: 474,867
Technical Sentiment Signal: Buy
Current Market Cap: A$5.23M
For an in-depth examination of C29 stock, go to TipRanks’ Overview page.