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An announcement from Midas Minerals Limited ( (AU:MM1) ) is now available.
Midas Minerals Ltd has applied to the ASX for quotation of 55,000 new fully paid ordinary shares under its existing issuer code MM1. The modest issuance, tied to a previously disclosed transaction, marginally increases the company’s share count and provides additional tradable equity for investors, with limited immediate impact on capital structure but incremental enhancement of market liquidity.
The most recent analyst rating on (AU:MM1) stock is a Hold with a A$0.58 price target. To see the full list of analyst forecasts on Midas Minerals Limited stock, see the AU:MM1 Stock Forecast page.
More about Midas Minerals Limited
Average Trading Volume: 195,508
Technical Sentiment Signal: Buy
Current Market Cap: A$127.2M
Find detailed analytics on MM1 stock on TipRanks’ Stock Analysis page.