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An announcement from FireFly Metals ( (AU:FFM) ) is now available.
FireFly Metals Ltd has filed a final short form prospectus for a Canadian bought deal offering, aiming to distribute over 19 million ordinary shares at a price of C$1.56 per share. This move is expected to close by December 17, 2025, and is part of the company’s strategy to expand its financial resources, potentially impacting its market positioning and providing growth opportunities for stakeholders.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$2.30 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 is an emerging copper-gold company focused on advancing the high-grade Green Bay Copper-Gold Project in Newfoundland, Canada. The company aims to rapidly grow its copper-gold mineral resource to establish a globally significant asset. FireFly also holds interests in the Pickle Crow Gold Project in Ontario and the Limestone Well Vanadium-Titanium Project in Western Australia.
YTD Price Performance: 116.22%
Average Trading Volume: 4,240,303
Technical Sentiment Signal: Buy
Current Market Cap: A$1.48B
For detailed information about FFM stock, go to TipRanks’ Stock Analysis page.