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Gold Mountain Limited ( (AU:GMN) ) has issued an announcement.
Gold Mountain Limited has completed the consolidation of its issued capital, although there is a delay in issuing holding statements to shareholders. The revised timetable indicates that normal trading on a post-consolidation basis will commence on 25 July 2025. This consolidation is part of the company’s strategic efforts to streamline its operations and potentially enhance its market positioning.
More about Gold Mountain Limited
Gold Mountain Limited (ASX:GMN) is a mineral exploration company focused on rare earth elements (REE) with projects in Brazil and Papua New Guinea (PNG). The company explores a diverse range of tenements for lithium, nickel, copper, and gold, with significant REE and niobium licenses in Bahia and Minas Gerais, Brazil. In PNG, the company is advancing the Green River Project, which has shown promise with high-grade mineral samples.
Average Trading Volume: 3,434
Technical Sentiment Signal: Sell
Current Market Cap: A$671.6M
See more insights into GMN stock on TipRanks’ Stock Analysis page.