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Meteoric Resources NL ( (AU:MEI) ) has shared an announcement.
Meteoric Resources NL has issued 2,581,518 fully paid ordinary shares without disclosure under Part 6D.2 of the Corporations Act, as part of its strategic financial maneuvers. This move indicates the company’s compliance with relevant legal provisions and suggests a proactive approach in managing its capital structure, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (AU:MEI) stock is a Buy with a A$0.35 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 acquisition and advancement of mining projects, aiming to enhance its portfolio and market presence.
Average Trading Volume: 11,453,498
Technical Sentiment Signal: Buy
Current Market Cap: A$396.5M
For an in-depth examination of MEI stock, go to TipRanks’ Overview page.