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An announcement from Meteoric Resources NL ( (AU:MEI) ) is now available.
Meteoric Resources NL has announced the issuance of 500,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code MEI. This move may enhance the company’s liquidity and provide additional capital for its ongoing exploration and development projects, potentially strengthening its market position and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:MEI) stock is a Buy with a A$0.45 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 primarily deals with the discovery and extraction of valuable minerals, positioning itself within the competitive mining sector.
Average Trading Volume: 8,226,736
Technical Sentiment Signal: Buy
Current Market Cap: A$292.1M
See more data about MEI stock on TipRanks’ Stock Analysis page.