Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Cobre Limited ( (AU:CBE) ) has shared an announcement.
Cobre Limited has issued 3,750,000 shares at $0.04 per share as part of the first tranche of a placement announced earlier. This move complies with relevant provisions of the Corporations Act and indicates the company’s ongoing efforts to raise capital, potentially impacting its market position and stakeholder interests.
More about Cobre Limited
Cobre Limited is a company listed on the Australian Securities Exchange (ASX: CBE) and operates in the mining industry. The company is focused on the exploration and development of mineral resources.
Average Trading Volume: 529,098
Technical Sentiment Signal: Sell
Current Market Cap: A$18.46M
Find detailed analytics on CBE stock on TipRanks’ Stock Analysis page.