Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
GBM Resources Limited ( (AU:GBM) ) has issued an update.
GBM Resources Limited has issued 1,275,833 fully paid ordinary shares, expanding its existing class of quoted securities on the ASX. The company stated that the shares were issued without a prospectus under the Corporations Act, confirmed its ongoing compliance with financial reporting and disclosure obligations, and advised that there is currently no excluded information, signaling to investors that the capital issuance has been conducted within the standard Australian regulatory framework.
The most recent analyst rating on (AU:GBM) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on GBM Resources Limited stock, see the AU:GBM Stock Forecast page.
More about GBM Resources Limited
GBM Resources Limited (ASX: GBM) is an Australian-listed company operating in the resources sector, with its securities quoted on the Australian Securities Exchange and structured as fully paid ordinary shares for investors.
Average Trading Volume: 11,278,298
Technical Sentiment Signal: Sell
Current Market Cap: A$158.7M
Find detailed analytics on GBM stock on TipRanks’ Stock Analysis page.