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De Grey Mining Ltd Issues New Securities on ASX

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De Grey Mining Ltd Issues New Securities on ASX

De Grey Mining Ltd ( (AU:DEG) ) has shared an update.

De Grey Mining Ltd has announced the issuance of 112,283 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code DEG. This move is part of the company’s strategy to leverage options being exercised or convertible securities being converted, potentially impacting its capital structure and market presence.

More about De Grey Mining Ltd

De Grey Mining Ltd is a company operating in the mining industry, primarily focused on the exploration and development of gold deposits. The company is known for its activities in the Pilbara region of Western Australia, where it aims to expand its resource base and enhance its market position in the gold sector.

YTD Price Performance: 22.27%

Average Trading Volume: 41,400

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.23B

For a thorough assessment of DEG stock, go to TipRanks’ Stock Analysis page.

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