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FireFly Metals Announces New Securities Issue Under Purchase Plan

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FireFly Metals Announces New Securities Issue Under Purchase Plan

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FireFly Metals ( (AU:FFM) ) has provided an update.

FireFly Metals Ltd has announced a proposal to issue up to 2,941,176 ordinary fully paid securities under a securities purchase plan. This move is part of the company’s strategy to enhance its financial position and potentially expand its market operations, with the offer set to close by the end of December 2025 and the issue date scheduled for early January 2026.

The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on FireFly Metals stock, see the AU:FFM Stock Forecast page.

More about FireFly Metals

FireFly Metals Ltd operates in the metals industry, focusing on the production and sale of metal products. The company is engaged in offering securities under a securities purchase plan, indicating its involvement in financial activities related to capital raising and investment.

Average Trading Volume: 3,886,080

Technical Sentiment Signal: Buy

Current Market Cap: A$1.28B

Learn more about FFM stock on TipRanks’ Stock Analysis page.

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