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The latest announcement is out from Cyprium Metals Limited ( (AU:CYM) ).
Cyprium Metals Limited has issued 68,553,846 fully paid ordinary shares without a prospectus, relying on exemptions under Australian corporations law, and has notified the market accordingly. The company confirmed it is up to date with its financial reporting and continuous disclosure obligations and stated there is no excluded information, signalling to investors that the new shares can trade freely under the relevant provisions of the Corporations Act.
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 Australian-listed resources company focused on the exploration and development of base metals projects, with its securities traded on the ASX under the code CYM and on the OTC market under the code CYPMF.
YTD Price Performance: 4.63%
Average Trading Volume: 1,036,842
Technical Sentiment Signal: Hold
Current Market Cap: A$278.1M
For an in-depth examination of CYM stock, go to TipRanks’ Overview page.