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Lunnon Metals Limited ( (AU:LM8) ) has issued an announcement.
Lunnon Metals Limited announced the issuance of 751,367 unlisted options with an expiration date of December 31, 2029, and a $0.00 exercise price. This issuance is part of an employee incentive scheme and is not intended to be quoted on the ASX, potentially impacting the company’s employee retention and motivation strategies.
The most recent analyst rating on (AU:LM8) stock is a Buy with a A$0.80 price target. To see the full list of analyst forecasts on Lunnon Metals Limited stock, see the AU:LM8 Stock Forecast page.
More about Lunnon Metals Limited
Lunnon 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 exploration of metals, with a particular emphasis on unquoted equity securities.
Average Trading Volume: 222,901
Technical Sentiment Signal: Buy
Current Market Cap: A$64.77M
Find detailed analytics on LM8 stock on TipRanks’ Stock Analysis page.