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The latest announcement is out from Eagle Mountain Mining Ltd. ( (AU:EM2) ).
Eagle Mountain Mining Ltd has applied to the ASX for quotation of 119,958,259 new fully paid ordinary shares under ticker EM2, expanding its listed securities on the Australian market. The issuance, tied to previously announced transactions, will significantly increase the company’s share base once admitted to quotation, with potential implications for capital structure and liquidity for existing and new shareholders.
The most recent analyst rating on (AU:EM2) stock is a Sell 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: 2,569,955
Technical Sentiment Signal: Sell
Current Market Cap: A$16.93M
For a thorough assessment of EM2 stock, go to TipRanks’ Stock Analysis page.