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Latrobe Magnesium Limited ( (AU:LMG) ) has provided an announcement.
Latrobe Magnesium Limited has announced the issuance of 50,000,000 fully paid ordinary shares, which will be quoted on the Australian Securities Exchange (ASX) under the code LMG. This move is part of previously announced transactions and is expected to enhance the company’s capital structure, potentially impacting its market positioning and providing opportunities for stakeholders.
More about Latrobe Magnesium Limited
Latrobe Magnesium Limited operates in the mining and materials industry, focusing on the production and supply of magnesium products. The company is involved in the development of magnesium extraction processes and aims to serve various markets with its innovative solutions.
Average Trading Volume: 6,991,695
Technical Sentiment Signal: Hold
Current Market Cap: A$86.03M
See more data about LMG stock on TipRanks’ Stock Analysis page.