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Miramar Resources Limited ( (AU:M2R) ) has shared an update.
Miramar Resources Limited has updated details of a previously announced securities placement after receiving additional commitments from substantial shareholders who have chosen to participate in the capital raising. As a result of the increased support, the company has amended both the proposed issue date for the new securities and the date of the required shareholder meeting, signalling stronger backing from key investors and potentially enhancing the financial footing for its ongoing exploration activities.
The most recent analyst rating on (AU:M2R) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Miramar Resources Limited stock, see the AU:M2R Stock Forecast page.
More about Miramar Resources Limited
Miramar Resources Limited is an Australian-listed resources company focused on mineral exploration and development, with its securities traded on the ASX under the code M2R.
Technical Sentiment Signal: Sell
Current Market Cap: A$6.04M
For an in-depth examination of M2R stock, go to TipRanks’ Overview page.