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Cyprium Metals Seeks ASX Quotation for Additional Ordinary Shares

Story Highlights
  • Cyprium Metals has applied to quote 676,924 new ordinary fully paid shares on the ASX.
  • The additional CYM securities arise from earlier transactions and will slightly increase market liquidity for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cyprium Metals Seeks ASX Quotation for Additional Ordinary Shares

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The latest announcement is out from Cyprium Metals Limited ( (AU:CYM) ).

Cyprium Metals Limited has applied for quotation on the ASX of 676,924 ordinary fully paid shares under its existing CYM ticker. The new securities were issued in connection with previously announced transactions and will expand the company’s listed share capital, modestly increasing liquidity and the free float available to investors.

The most recent analyst rating on (AU:CYM) stock is a Hold with a A$0.34 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 operating in the mining and metals sector under ASX code CYM. The company issues ordinary fully paid shares and participates in capital market transactions on the Australian Securities Exchange to support its corporate and project activities.

YTD Price Performance: -35.06%

Average Trading Volume: 1,327,284

Technical Sentiment Signal: Sell

Current Market Cap: A$175.2M

See more data about CYM stock on TipRanks’ Stock Analysis page.

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