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Medallion Metals Ltd ( (AU:MM8) ) just unveiled an update.
Medallion Metals Limited has issued 1,650,000 ordinary shares without a disclosure to investors under the Corporations Act, as part of its strategic financial maneuvers. This issuance is compliant with relevant legal provisions, indicating the company’s adherence to regulatory standards, and could potentially impact its financial standing and shareholder value.
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 Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the production and sale of metals, contributing to the resources sector with a focus on expanding its market presence.
Average Trading Volume: 1,165,632
Technical Sentiment Signal: Buy
Current Market Cap: A$336.5M
Find detailed analytics on MM8 stock on TipRanks’ Stock Analysis page.