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Javelin Minerals Limited ( (AU:JAV) ) has provided an announcement.
Javelin Minerals Limited has applied to the ASX for quotation of 4,838 new fully paid ordinary shares under the code JAV, following the exercise or conversion of existing options or other convertible securities. The modest increase in quoted securities reflects routine capital management rather than a material change to the company’s capital structure, and is unlikely to have a significant impact on existing shareholders or the company’s market position at this stage.
The most recent analyst rating on (AU:JAV) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Javelin Minerals Limited stock, see the AU:JAV Stock Forecast page.
More about Javelin Minerals Limited
Average Trading Volume: 661,468
Technical Sentiment Signal: Sell
Current Market Cap: A$33.8M
Learn more about JAV stock on TipRanks’ Stock Analysis page.