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Cyprium Metals Limited ( (AU:CYM) ) has issued an announcement.
Cyprium Metals Limited has issued a total of 2,783,049 fully paid ordinary shares without a disclosure document under the Corporations Act, and has lodged a formal notice with the ASX confirming this placement. The company states it is fully compliant with its financial reporting and continuous disclosure obligations and that there is no excluded or undisclosed price-sensitive information, which supports the free trading status of the newly issued shares and provides regulatory assurance to existing and prospective shareholders.
The most recent analyst rating on (AU:CYM) stock is a Hold with a A$0.58 price target. To see the full list of analyst forecasts on Cyprium Metals Limited stock, see the AU:CYM Stock Forecast page.
More about Cyprium Metals Limited
Cyprium Metals Limited is an Australia-based resources company listed on the ASX (ticker: CYM) and OTC (ticker: CYPMF), focused on the exploration and development of base metal, primarily copper, projects in Western Australia. The company targets investors in the mining and natural resources sector through both Australian and international capital markets.
YTD Price Performance: 4.63%
Average Trading Volume: 1,036,842
Technical Sentiment Signal: Hold
Current Market Cap: A$278.1M
Learn more about CYM stock on TipRanks’ Stock Analysis page.