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Metro Mining Limited ( (AU:MMI) ) has provided an announcement.
Metro Mining Limited announced the cessation of 10,300,583 performance rights due to the lapse of conditional rights, as the conditions were not met. This cessation could impact the company’s capital structure and may influence stakeholder perceptions regarding the company’s operational performance and future prospects.
The most recent analyst rating on (AU:MMI) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.
More about Metro Mining Limited
Metro Mining Limited operates in the mining industry, focusing primarily on the extraction and production of bauxite, a key raw material used in aluminum production. The company is listed on the Australian Securities Exchange (ASX) under the code MMI.
Average Trading Volume: 20,295,766
Technical Sentiment Signal: Buy
Current Market Cap: A$427.8M
Learn more about MMI stock on TipRanks’ Stock Analysis page.