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GreenX Metals ( (AU:GRX) ) just unveiled an update.
GreenX Metals Limited has issued 15,882,353 new fully paid ordinary shares, which form part of its existing class of securities quoted on the Australian Securities Exchange. The company stated that the shares were issued without a prospectus under the relevant Corporations Act provisions, confirmed its ongoing compliance with financial reporting and continuous disclosure obligations, and advised that there is no excluded information that would need to be disclosed to the market, signalling that the capital raising has been conducted within standard regulatory parameters for existing shareholders and investors.
The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.99 price target. To see the full list of analyst forecasts on GreenX Metals stock, see the AU:GRX Stock Forecast page.
More about GreenX Metals
GreenX Metals Limited is an Australia-listed company whose fully paid ordinary shares trade on the Australian Securities Exchange (ASX).
Average Trading Volume: 96,833
Technical Sentiment Signal: Buy
Current Market Cap: A$296.2M
Find detailed analytics on GRX stock on TipRanks’ Stock Analysis page.