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GBM Resources Limited ( (AU:GBZ) ) has shared an update.
GBM Resources Limited has announced the application for the quotation of 16,093,195 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to strengthen its financial position and support its ongoing exploration and development activities, potentially impacting its market standing and stakeholder interests.
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 primarily deals with gold and copper projects, aiming to enhance its portfolio and market presence in the mining sector.
Average Trading Volume: 12,997,392
Technical Sentiment Signal: Hold
Current Market Cap: A$175.6M
For a thorough assessment of GBZ stock, go to TipRanks’ Stock Analysis page.