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An announcement from Centaurus Metals Limited ( (AU:CTM) ) is now available.
Centaurus Metals Limited has issued 57,053,517 ordinary shares without disclosure to investors under the Corporations Act 2001, complying with relevant legal provisions. This issuance serves as a cleansing notice for the company’s Share Purchase Plan, indicating a strategic move to bolster its financial position and potentially enhance shareholder value.
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 nickel resources. The company has a significant market presence in Australia and Brazil, where it engages in various mining activities.
Average Trading Volume: 738,870
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$176.3M
For detailed information about CTM stock, go to TipRanks’ Stock Analysis page.