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Caravel Minerals Limited ( (AU:CVV) ) has provided an announcement.
Caravel Minerals Limited has notified the market of the issue of 10 million unquoted call options, exercisable at $0.42 and expiring on 19 December 2030. The move expands the company’s unquoted equity base and may provide additional future capital if the options are exercised, with potential implications for capital structure and dilution for existing shareholders over the long term.
The most recent analyst rating on (AU:CVV) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Caravel Minerals Limited stock, see the AU:CVV Stock Forecast page.
More about Caravel Minerals Limited
Caravel Minerals Limited is an Australian-listed resources company focused on mineral exploration and development, operating within the mining sector and traded on the ASX under the code CVV.
Average Trading Volume: 781,942
Technical Sentiment Signal: Buy
Current Market Cap: A$164.8M
See more insights into CVV stock on TipRanks’ Stock Analysis page.