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Iris Metals Limited ( (AU:IR1) ) has issued an update.
Iris Metals Limited has announced a proposed non-pro rata offer of securities, planning to issue up to 1,000 ordinary fully paid securities. This move, set to close on April 28, 2025, and issue on April 29, 2025, aims to strengthen the company’s financial position and support its strategic initiatives, potentially impacting its market standing and stakeholder interests.
More about Iris Metals Limited
Iris Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the production and distribution of metals, with a market focus on expanding its resource base and enhancing shareholder value.
YTD Price Performance: -35.42%
Average Trading Volume: 139,237
Technical Sentiment Signal: Buy
Current Market Cap: A$27.37M
For a thorough assessment of IR1 stock, go to TipRanks’ Stock Analysis page.