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Lunnon Metals Limited ( (AU:LM8) ) has provided an announcement.
Lunnon Metals Limited has announced the issuance of 1,010,764 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code LM8. This move is part of an employee incentive scheme, potentially enhancing employee engagement and aligning their interests with the company’s growth objectives.
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 extraction and production of metals, with a particular emphasis on expanding its market presence through strategic initiatives.
Average Trading Volume: 193,995
Technical Sentiment Signal: Buy
Learn more about LM8 stock on TipRanks’ Stock Analysis page.