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GreenX Metals ( (AU:GRX) ) has issued an update.
GreenX Metals Limited has issued 116,579 fully paid ordinary shares, which are part of a class of securities quoted on the ASX. This issuance was conducted without disclosure to investors under the Corporations Act 2001, and the company confirms compliance with relevant legal provisions, indicating transparency and adherence to regulations. This move may impact the company’s market positioning by potentially increasing its capital base and shareholder value.
The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.50 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 operates in the metals industry, focusing on the production and distribution of metal products. The company is listed on the Australian Securities Exchange (ASX) and engages in activities related to mining and metal production.
Average Trading Volume: 50,131
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$260.8M
For detailed information about GRX stock, go to TipRanks’ Stock Analysis page.