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Lykos Metals Limited ( (AU:LYK) ) has provided an announcement.
Lykos Metals Limited has requested a trading halt on its securities from the Australian Securities Exchange (ASX) as it prepares to make an announcement regarding a capital raising. The halt will remain in effect until the announcement is released or until normal trading resumes on 27 March 2025, whichever comes first. This move indicates that Lykos Metals is likely seeking to secure additional funding, which could impact its financial strategy and market position.
More about Lykos Metals Limited
YTD Price Performance: 10.0%
Average Trading Volume: 166,418
Technical Sentiment Signal: Buy
For a thorough assessment of LYK stock, go to TipRanks’ Stock Analysis page.