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Caravel Minerals Updates Capital Structure Following Option Expiry

Story Highlights
  • Caravel Minerals focuses on mineral exploration and development in the mining industry.
  • 24,047,708 options expired, updating Caravel’s capital structure and impacting financial strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Caravel Minerals Updates Capital Structure Following Option Expiry

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The latest announcement is out from Caravel Minerals Limited ( (AU:CVV) ).

Caravel Minerals Limited announced the expiration of 24,047,708 listed options that were exercisable at $0.33, which lapsed on 30 August 2025 as they were not exercised by the expiry date. This development results in an updated capital structure for the company, with the current number of ordinary shares standing at 558,762,558, alongside unquoted securities including options and performance rights, potentially impacting the company’s financial strategy and stakeholder interests.

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 operates in the mining industry, focusing on mineral exploration and development. The company is primarily involved in the exploration of copper and other mineral resources, aiming to enhance its market position within the mining sector.

Average Trading Volume: 299,671

Technical Sentiment Signal: Sell

Current Market Cap: A$83.81M

For a thorough assessment of CVV stock, go to TipRanks’ Stock Analysis page.

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