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Medallion Metals Ltd ( (AU:MM8) ) has shared an update.
Medallion Metals Ltd announced the quotation of 1,650,000 new ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code MM8. This move is part of the company’s strategy to leverage convertible securities, potentially impacting its market positioning by increasing liquidity and attracting more investors.
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 primarily engaged in the extraction and production of metals, with a market focus on expanding its resource base and enhancing its operational capabilities.
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.