Perpetual Resources Limited Announces Quotation of New Securities

Perpetual Resources ( (AU:PEC) ) has issued an announcement.

Perpetual Resources Limited has announced the quotation of 40,769,231 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code PEC. This move is part of a previously announced transaction, potentially impacting the company’s market positioning by increasing its liquidity and providing additional capital for its operations.

More about Perpetual Resources

Perpetual Resources Limited operates in the resources industry, focusing on the exploration and development of mineral resources. The company primarily deals with the acquisition and management of projects related to mineral commodities, aiming to enhance its market presence and value.

YTD Price Performance: -7.69%

Average Trading Volume: 1,850,087

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$10.41M

For detailed information about PEC stock, go to TipRanks’ Stock Analysis page.