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The latest announcement is out from Eagle Mountain Mining Ltd. ( (AU:EM2) ).
Eagle Mountain Mining Limited has successfully completed a placement raising $1.66 million, supported by both existing and new sophisticated investors. The placement involved the issue of 183.9 million fully paid ordinary shares at a price of $0.009, representing a premium to the company’s recent trading average. This capital raise is expected to bolster the company’s financial position and support its ongoing exploration activities in Arizona.
More about Eagle Mountain Mining Ltd.
Eagle Mountain Mining Limited is a copper-gold exploration company focused on the strategic exploration and development of the Wedgetail and Silver Mountain Projects in Arizona, USA. Arizona is a significant region in the mining industry, hosting some of the world’s largest copper discoveries.
Average Trading Volume: 9,967,904
Technical Sentiment Signal: Sell
Current Market Cap: A$11.35M
See more data about EM2 stock on TipRanks’ Stock Analysis page.