Infinity Mining Limited ( (AU:IMI) ) has provided an update.
Infinity Mining Limited has announced that New Frontier Minerals Ltd has become a substantial holder in the company, acquiring a 9.46% voting power through the purchase of 40,000,000 ordinary shares. This acquisition, valued at $600,000, signifies a significant investment in Infinity Mining Limited, potentially impacting its market positioning and shareholder dynamics.
More about Infinity Mining Limited
YTD Price Performance: 20.0%
Average Trading Volume: 402,322
Technical Sentiment Signal: Buy
Current Market Cap: A$5.08M
See more insights into IMI stock on TipRanks’ Stock Analysis page.