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Meteoric Resources NL Announces Cessation of Performance Rights

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Meteoric Resources NL Announces Cessation of Performance Rights

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Meteoric Resources NL ( (AU:MEI) ) just unveiled an update.

Meteoric Resources NL announced the cessation of 1,000,000 performance rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This development may impact the company’s capital structure and could have implications for its stakeholders, reflecting challenges in meeting performance conditions.

The most recent analyst rating on (AU:MEI) stock is a Buy with a A$0.20 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.

More about Meteoric Resources NL

Meteoric Resources NL operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the discovery and extraction of valuable minerals, with a market focus on enhancing its portfolio of mining assets.

Average Trading Volume: 8,967,362

Technical Sentiment Signal: Buy

Current Market Cap: A$369.7M

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

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