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The latest update is out from Eagle Mountain Mining Ltd. ( (AU:EM2) ).
Eagle Mountain Mining Limited has reminded eligible shareholders that its non-renounceable entitlement offer to raise up to approximately A$1.98 million before costs will close on 9 January 2026, with new securities expected to begin normal trading on the ASX from 19 January 2026. The capital raising is intended to support the company’s ongoing copper-gold exploration activities in Arizona and, if fully subscribed, should bolster its modest market capitalisation and limited cash position, potentially strengthening its funding base and operational flexibility in a highly prospective but capital-intensive mining region.
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.
Eagle Mountain Mining Limited is an ASX-listed copper-gold exploration company focused on the strategic exploration and development of its Wedgetail and Silver Mountain projects in Arizona, USA, a key mining jurisdiction that hosts some of the world’s largest copper deposits.
Average Trading Volume: 368,000
Technical Sentiment Signal: Sell
Current Market Cap: A$15.39M
For an in-depth examination of EM2 stock, go to TipRanks’ Overview page.