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Centaurus Metals Limited ( (AU:CTM) ) has issued an announcement.
Centaurus Metals Limited has announced a proposed issue of securities under a securities purchase plan, with a total of 12.5 million securities to be issued. This move is aimed at raising capital to support the company’s ongoing projects and operations, potentially strengthening its financial position and market standing.
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 operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the production of metals, with a market focus on expanding its resource base and enhancing shareholder value through strategic projects.
Average Trading Volume: 615,677
Technical Sentiment Signal: Hold
Current Market Cap: A$223.5M
See more insights into CTM stock on TipRanks’ Stock Analysis page.