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GBM Resources Limited ( (AU:GBZ) ) has shared an announcement.
GBM Resources Limited has issued over 16 million fully paid ordinary shares, which are part of a class of securities quoted on the ASX. The company has complied with relevant provisions of the Corporations Act 2001, ensuring transparency and adherence to regulatory requirements. This move signifies GBM’s ongoing efforts to strengthen its capital base and enhance its market position, potentially impacting its operations and stakeholder interests positively.
The most recent analyst rating on (AU:GBZ) stock is a Buy with a A$0.09 price target. To see the full list of analyst forecasts on GBM Resources Limited stock, see the AU:GBZ Stock Forecast page.
More about GBM Resources Limited
GBM Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) and is involved in the production and sale of mineral commodities.
Average Trading Volume: 12,997,392
Technical Sentiment Signal: Hold
Current Market Cap: A$175.6M
See more data about GBZ stock on TipRanks’ Stock Analysis page.