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Medallion Metals Ltd ( (AU:MM8) ) just unveiled an update.
Medallion Metals Ltd has announced the issuance of 1,250,000 fully paid ordinary securities, which will be quoted on the ASX under the security code MM8. This move is part of the company’s strategy to enhance its capital structure, potentially impacting its market position and providing new opportunities for stakeholders.
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
Medallion Metals Ltd is a company involved in the mining industry, focusing on the exploration and development of mineral resources. Their primary products include various metals, and they are listed on the Australian Securities Exchange (ASX) under the issuer code MM8.
Average Trading Volume: 1,067,404
Technical Sentiment Signal: Buy
Current Market Cap: A$129.3M
For a thorough assessment of MM8 stock, go to TipRanks’ Stock Analysis page.