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Metro Mining Limited ( (AU:MMI) ) has shared an announcement.
Metro Mining Limited has announced the issuance of 2,681,250 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange. This move is part of an employee incentive scheme, indicating the company’s efforts to motivate and retain its workforce. The issuance of these securities may enhance Metro Mining’s operational capabilities and strengthen its market position by aligning employee interests with company performance.
The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.10 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. The company is involved in the development and operation of mining projects, with a market focus on supplying bauxite to the global aluminum industry.
Average Trading Volume: 12,851,422
Technical Sentiment Signal: Buy
Current Market Cap: A$555M
For a thorough assessment of MMI stock, go to TipRanks’ Stock Analysis page.