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The latest announcement is out from Venus Metals Corporation Limited ( (AU:VMC) ).
Venus Metals Corporation Limited is the target of an on-market takeover offer by QGold Pty Ltd, which seeks to acquire all fully paid ordinary shares of the company that it does not already own. The offer, priced at $0.17 per share, is unconditional and can be accepted by selling shares on the ASX. This move could significantly impact Venus Metals’ market positioning and shareholder dynamics, as QGold aims to consolidate its control over the company.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
More about Venus Metals Corporation Limited
Average Trading Volume: 458,746
Technical Sentiment Signal: Buy
Current Market Cap: A$37.26M
For detailed information about VMC stock, go to TipRanks’ Stock Analysis page.