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GBM Resources Limited ( (AU:GBZ) ) has provided an announcement.
GBM Resources Limited has issued 615 million fully paid ordinary shares, which are part of a class of securities quoted on the ASX. This move was made without disclosure to investors under specific provisions of the Corporations Act, and the company confirms compliance with relevant legal requirements, indicating transparency and regulatory adherence.
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 and engages in activities related to the acquisition and development of mining projects.
Average Trading Volume: 15,084,590
Technical Sentiment Signal: Hold
Current Market Cap: A$213.5M
For a thorough assessment of GBZ stock, go to TipRanks’ Stock Analysis page.