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The latest announcement is out from Matsa Resources Limited ( (AU:MAT) ).
Matsa Resources Limited has announced the issuance of 398,000 fully paid ordinary shares following the exercise of unlisted options, indicating compliance with the Corporations Act without requiring investor disclosures. This move underscores its commitment to regulatory adherence and may enhance the company’s liquidity and market positioning, benefiting its shareholders and aligning with its corporate governance strategy.
The most recent analyst rating on (AU:MAT) stock is a Buy with a A$0.25 price target. To see the full list of analyst forecasts on Matsa Resources Limited stock, see the AU:MAT Stock Forecast page.
More about Matsa Resources Limited
Matsa Resources Limited is an Australian-based company operating in the mining and resources sector. The company focuses on exploration and development of mineral resources, with a current market capitalisation of A$113.41 million and significant involvement in unlisted options and shares within the industry.
Average Trading Volume: 2,294,280
Technical Sentiment Signal: Buy
Current Market Cap: A$108.6M
Find detailed analytics on MAT stock on TipRanks’ Stock Analysis page.