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The latest update is out from Chalice Mining ( (AU:CHN) ).
Chalice Mining Limited announced the issuance of 400,000 unquoted options, exercisable at $2.96 and expiring on November 5, 2028. This strategic move is likely to impact the company’s financial structure and could influence its market positioning by potentially increasing capital and providing incentives for stakeholders.
The most recent analyst rating on (AU:CHN) stock is a Hold with a A$1.85 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.
More about Chalice Mining
Chalice Mining Limited operates in the mining industry, focusing on exploration and development of mineral resources. The company is known for its work in discovering and developing valuable mineral deposits, with a particular emphasis on precious and base metals.
Average Trading Volume: 2,562,653
Technical Sentiment Signal: Hold
Current Market Cap: A$752.9M
For a thorough assessment of CHN stock, go to TipRanks’ Stock Analysis page.