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Medallion Metals Initiates Trading Halt for Capital Raising Announcement

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Medallion Metals Initiates Trading Halt for Capital Raising Announcement

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The latest update is out from Medallion Metals Ltd ( (AU:MM8) ).

Medallion Metals Limited has requested a trading halt on its securities pending an upcoming announcement regarding a capital raising. The halt is expected to last until May 19, 2025, or until the announcement is made, indicating a strategic financial maneuver that could impact the company’s market activities.

The most recent analyst rating on (AU:MM8) stock is a Buy with a A$0.41 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

Average Trading Volume: 1,016,159

Technical Sentiment Signal: Buy

Current Market Cap: A$112.5M

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

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