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Peel Mining Limited ( (AU:PEX) ) has issued an announcement.
Peel Mining Limited has announced the issuance of 1,483,335 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code PEX. This move is part of the company’s strategic efforts to strengthen its financial position and support ongoing exploration and development projects, potentially impacting its market presence and offering new opportunities for stakeholders.
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 operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction of base and precious metals, with a market focus on expanding its resource base and enhancing shareholder value through strategic exploration activities.
Average Trading Volume: 2,080,463
Technical Sentiment Signal: Buy
Current Market Cap: A$91.42M
For detailed information about PEX stock, go to TipRanks’ Stock Analysis page.