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Medallion Metals Announces Cessation of 500,000 Securities

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Medallion Metals Announces Cessation of 500,000 Securities

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Medallion Metals Ltd ( (AU:MM8) ) has issued an announcement.

Medallion Metals Ltd announced the cessation of 500,000 securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This cessation may impact the company’s capital structure and could have implications for stakeholders regarding the company’s operational and strategic positioning.

The most recent analyst rating on (AU:MM8) stock is a Buy with a A$0.61 price target. To see the full list of analyst forecasts on Medallion Metals Ltd stock, see the AU:MM8 Stock Forecast page.

More about Medallion Metals Ltd

Medallion Metals Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in the extraction and processing of metals, with a market focus on expanding its resource base and optimizing its operations.

Average Trading Volume: 1,165,632

Technical Sentiment Signal: Buy

Current Market Cap: A$336.5M

See more insights into MM8 stock on TipRanks’ Stock Analysis page.

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