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The latest update is out from Perpetual Resources ( (AU:PEC) ).
Perpetual Resources Limited has announced a proposed issue of securities, including listed options and ordinary shares. The issuance aims to raise capital for the company’s operations, with the options exercisable at $0.03 and expiring on December 31, 2027. This move is expected to enhance the company’s financial position and support its strategic initiatives in the mineral resources sector.
More about Perpetual Resources
Perpetual Resources Limited operates in the resources industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the production and supply of high-quality mineral sands, targeting markets that require these materials for various industrial applications.
YTD Price Performance: 107.69%
Average Trading Volume: 2,175,782
Technical Sentiment Signal: Buy
Current Market Cap: A$23.58M
Learn more about PEC stock on TipRanks’ Stock Analysis page.