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The latest announcement is out from Latrobe Magnesium Limited ( (AU:LMG) ).
Latrobe Magnesium Limited announced the cessation of 15,000,000 securities under the code LMGAD due to the expiry of options without exercise or conversion. This development may impact the company’s capital structure and could influence investor perceptions regarding the company’s financial strategies and future growth prospects.
More about Latrobe Magnesium Limited
Latrobe Magnesium Limited operates in the mining industry, focusing on the production and supply of magnesium products. The company is known for its efforts to develop a magnesium production plant in Victoria, Australia, leveraging its proprietary extraction technology.
Average Trading Volume: 2,696,051
Technical Sentiment Signal: Sell
Current Market Cap: A$27.58M
See more insights into LMG stock on TipRanks’ Stock Analysis page.