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Metro Mining Limited ( (AU:MMI) ) just unveiled an update.
Metro Mining Limited has announced the application for the quotation of 1,293,965 ordinary fully paid securities on the Australian Securities Exchange (ASX). These securities are issued under an employee incentive scheme and are not restricted from transfer. This move is part of the company’s strategy to enhance its market presence and provide incentives to its employees, potentially impacting its operational dynamics and stakeholder engagement.
The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.17 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 on the extraction and production of bauxite. The company is known for its operations in the Cape York Peninsula in Queensland, Australia, where it engages in the exploration and development of mineral resources.
Average Trading Volume: 11,268,797
Technical Sentiment Signal: Buy
Current Market Cap: A$500M
Find detailed analytics on MMI stock on TipRanks’ Stock Analysis page.