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Magnetite Mines Limited ( (AU:MGT) ) has issued an announcement.
Magnetite Mines Limited announced the cessation of 135,360 securities due to the expiry of options without exercise or conversion as of June 27, 2025. This development may impact the company’s capital structure and could influence investor perceptions regarding the company’s future financing strategies.
More about Magnetite Mines Limited
Magnetite Mines Limited operates in the mining industry, focusing on the extraction and processing of magnetite, a type of iron ore. The company is primarily engaged in developing its iron ore projects to supply the steel manufacturing industry.
Average Trading Volume: 125,032
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$9.68M
For an in-depth examination of MGT stock, go to TipRanks’ Overview page.