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European Metals Holdings Limited ( (AU:EMH) ) has issued an announcement.
European Metals Holdings has issued 10,811,500 fully paid ordinary shares at A$0.32 per share under a previously announced placement, expanding its capital base to support its ongoing activities. The company confirmed that the new shares were issued without a prospectus under the Corporations Act’s cleansing provisions and stated it remains compliant with its financial reporting and continuous disclosure obligations, signalling regulatory transparency to existing and prospective investors.
The most recent analyst rating on (AU:EMH) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on European Metals Holdings Limited stock, see the AU:EMH Stock Forecast page.
More about European Metals Holdings Limited
European Metals Holdings Limited is an ASX-, AIM- and OTC-quoted resources company focused on the development of its European mineral assets, with its shares traded in Australia, London, North America and Frankfurt. The company is engaged in advancing projects that position it within the broader European raw materials and mining sector.
Average Trading Volume: 344,337
Technical Sentiment Signal: Buy
Current Market Cap: A$89.57M
For detailed information about EMH stock, go to TipRanks’ Stock Analysis page.