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The latest update is out from Native Mineral Resources Holdings Ltd. ( (AU:NMR) ).
Native Mineral Resources Holdings Ltd. has notified the market of the issue of a new class of unquoted equity securities, including one convertible security and 7.2 million options exercisable at A$0.117 and expiring on 5 January 2029. The issuance, formalised through an Appendix 3G filing, forms part of previously announced transactions and reflects the company’s ongoing use of structured, unquoted instruments to support its capital management and funding strategy without immediately diluting its quoted share base.
The most recent analyst rating on (AU:NMR) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Native Mineral Resources Holdings Ltd. stock, see the AU:NMR Stock Forecast page.
More about Native Mineral Resources Holdings Ltd.
Native Mineral Resources Holdings Ltd. is an Australian-listed company (ASX: NMR) operating in the resources sector, with a focus on mineral exploration and related activities. The company typically raises capital through various equity and debt-like instruments to fund its exploration programs and general corporate purposes in the mining and resources market.
Average Trading Volume: 2,322,255
Technical Sentiment Signal: Sell
Current Market Cap: A$56.19M
For an in-depth examination of NMR stock, go to TipRanks’ Overview page.