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Magnetite Mines Limited Announces Quotation of New Securities

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Magnetite Mines Limited Announces Quotation of New Securities

Confident Investing Starts Here:

An update from Magnetite Mines Limited ( (AU:MGT) ) is now available.

Magnetite Mines Limited announced the quotation of 1,081,917 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, potentially strengthening the company’s market presence and providing additional capital for its ongoing operations.

More about Magnetite Mines Limited

Magnetite Mines Limited is a company operating in the mining industry, primarily focusing on the exploration and development of iron ore projects.

YTD Price Performance: -4.17%

Average Trading Volume: 130,266

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$13.27M

For a thorough assessment of MGT stock, go to TipRanks’ Stock Analysis page.

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