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Centaurus Metals Limited ( (AU:CTM) ) has provided an update.
Centaurus Metals Limited has announced a proposed issue of securities, comprising options and ordinary fully paid shares, with a total of 85,596,093 securities to be issued. This move is part of the company’s strategy to raise capital, potentially impacting its financial standing and market positioning by providing additional resources for its operations and growth initiatives.
The most recent analyst rating on (AU:CTM) stock is a Buy with a A$0.80 price target. To see the full list of analyst forecasts on Centaurus Metals Limited stock, see the AU:CTM Stock Forecast page.
More about Centaurus Metals Limited
Centaurus Metals Limited is a company operating in the mining industry, primarily focused on the exploration and development of mineral resources. The company is known for its work in discovering and advancing mineral projects, with a particular emphasis on metals that are critical to various industrial applications.
Average Trading Volume: 615,677
Technical Sentiment Signal: Hold
Current Market Cap: A$223.5M
For an in-depth examination of CTM stock, go to TipRanks’ Overview page.