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An announcement from FireFly Metals ( (AU:FFM) ) is now available.
FireFly Metals Ltd has announced the issuance of 33,000,000 fully paid ordinary shares at a price of C$0.86 each as part of a Canadian Offering. This move is expected to strengthen the company’s financial position and enhance its market presence, as the shares were issued without disclosure under specific sections of the Corporations Act 2001, indicating compliance with regulatory requirements.
The most recent analyst rating on (AU:FFM) stock is a Buy with a A$1.75 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 a company operating in the metals industry, with its shares listed on both the Australian Securities Exchange (ASX) and the Toronto Stock Exchange (TSX).
YTD Price Performance: 16.22%
Average Trading Volume: 2,273,085
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$655.8M
For an in-depth examination of FFM stock, go to TipRanks’ Overview page.