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Medallion Metals Ltd ( (AU:MM8) ) has provided an announcement.
Medallion Metals Ltd has announced a proposed issue of 130,952,381 ordinary fully paid securities, scheduled for issuance on May 26, 2025. This move is part of a placement or other type of issue, indicating the company’s efforts to raise capital, which could impact its financial position and market operations.
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 operating in the mining industry, primarily focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the code MM8.
Average Trading Volume: 1,001,750
Technical Sentiment Signal: Buy
Current Market Cap: A$110.1M
For an in-depth examination of MM8 stock, go to TipRanks’ Stock Analysis page.