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Gold Mountain Limited ( (AU:GMN) ) has provided an announcement.
Gold Mountain Limited has announced that 400,000 listed options (ASX code GMNAT), exercisable at $7.30 and expiring on 31 December 2025, have lapsed without being exercised. The expiry removes these options from the company’s issued capital structure, marginally simplifying its securities on issue but without any immediate capital inflow from option conversion for the company or its shareholders.
The most recent analyst rating on (AU:GMN) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Gold Mountain Limited stock, see the AU:GMN Stock Forecast page.
More about Gold Mountain Limited
Average Trading Volume: 102,184
Technical Sentiment Signal: Sell
Current Market Cap: A$11.73M
For detailed information about GMN stock, go to TipRanks’ Stock Analysis page.