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The latest update is out from Eagle Mountain Mining Ltd. ( (AU:EM2) ).
Eagle Mountain Mining Ltd., listed on the ASX under code EM2, has issued 61,299,980 unquoted options, each exercisable at $0.02 and expiring on 30 November 2028, under previously announced arrangements. The new options, which are not intended to be quoted on the ASX, expand the company’s pool of unlisted equity-based instruments and may, if exercised, lead to future capital inflows and dilution for existing shareholders, signalling ongoing use of incentive or transaction-related securities to support corporate and funding strategies.
The most recent analyst rating on (AU:EM2) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Eagle Mountain Mining Ltd. stock, see the AU:EM2 Stock Forecast page.
More about Eagle Mountain Mining Ltd.
Average Trading Volume: 2,979,742
Technical Sentiment Signal: Sell
Current Market Cap: A$15.39M
For a thorough assessment of EM2 stock, go to TipRanks’ Stock Analysis page.