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Catalyst Metals Limited ( (AU:CYL) ) has issued an update.
Catalyst Metals Limited has announced the issuance of 2,500,000 ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code CYL. This move is part of a previously announced transaction and could potentially enhance the company’s capital structure, providing it with additional resources to further its operational goals and strengthen its position in the mining sector.
The most recent analyst rating on (AU:CYL) stock is a Hold with a A$5.50 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.
More about Catalyst Metals Limited
Catalyst Metals Limited operates in the mining industry, focusing primarily on the exploration and development of mineral resources. The company is engaged in activities related to the discovery and extraction of valuable minerals, with a market focus on expanding its portfolio of mining assets.
Average Trading Volume: 1,830,582
Technical Sentiment Signal: Buy
Current Market Cap: A$1.83B
See more data about CYL stock on TipRanks’ Stock Analysis page.