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Lindian Resources Limited ( (AU:LIN) ) just unveiled an update.
Lindian Resources Limited has announced the issuance of 20 million fully paid ordinary shares as part of its 100% acquisition of the Lelouma Bauxite project. This strategic move is expected to enhance the company’s position in the bauxite market, potentially impacting its operations and providing growth opportunities for stakeholders.
The most recent analyst rating on (AU:LIN) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Lindian Resources Limited stock, see the AU:LIN Stock Forecast page.
More about Lindian Resources Limited
Lindian Resources Limited operates in the mining industry, focusing primarily on the exploration and development of bauxite resources.
Average Trading Volume: 1,638,798
Technical Sentiment Signal: Sell
Current Market Cap: A$101.2M
For detailed information about LIN stock, go to TipRanks’ Stock Analysis page.