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FireFly Metals ( (AU:FFM) ) just unveiled an announcement.
FireFly Metals Ltd has announced a Share Purchase Plan (SPP) offering eligible shareholders the opportunity to purchase fully paid ordinary shares at A$0.96 per share, which is a discount to recent market prices. This move aims to raise capital and provide shareholders with an attractive investment opportunity, potentially enhancing the company’s market position and financial stability.
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 operates in the metals industry, focusing on the production and distribution of metal products. The company is primarily engaged in offering shares to its shareholders and is listed on the Australian Securities Exchange (ASX).
YTD Price Performance: 14.05%
Average Trading Volume: 2,253,976
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$614M
See more data about FFM stock on TipRanks’ Stock Analysis page.
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