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Peel Mining Limited ( (AU:PEX) ) has issued an announcement.
Peel Mining Limited has announced the quotation of 71,176,471 fully paid ordinary securities on the ASX, as part of a previously announced transaction. This move is expected to enhance the company’s capital structure and provide additional resources for its ongoing exploration and development projects, potentially strengthening its position in the mining sector.
The most recent analyst rating on (AU:PEX) stock is a Buy with a A$0.17 price target. To see the full list of analyst forecasts on Peel Mining Limited stock, see the AU:PEX Stock Forecast page.
More about Peel Mining Limited
Peel Mining Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction and production of base and precious metals, with a market focus on expanding its resource base and enhancing its production capabilities.
Average Trading Volume: 2,080,463
Technical Sentiment Signal: Buy
Current Market Cap: A$91.42M
Find detailed analytics on PEX stock on TipRanks’ Stock Analysis page.