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An announcement from QMines Ltd. ( (AU:QML) ) is now available.
QMines Limited has issued 1,500,000 fully paid ordinary shares under provisions of the Corporations Act that allow on-sale of the securities without a disclosure document, confirming it is compliant with its continuous disclosure and financial reporting obligations and that there is no excluded information that needs to be disclosed. The company also notes that exploration and drilling programs at its Mt Mackenzie project are continuing, indicating ongoing investment in growing its resource base and advancing its portfolio of Queensland copper and gold assets.
The most recent analyst rating on (AU:QML) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on QMines Ltd. stock, see the AU:QML Stock Forecast page.
More about QMines Ltd.
QMines Limited is a Queensland-focused copper and gold exploration and development company listed on the ASX. It holds 100% ownership of the Mt Chalmers copper-gold, Develin Creek copper-zinc, and Mt Mackenzie gold-silver deposits near Rockhampton in Central Queensland, with established Mineral Resources across these projects. The company aims to make new discoveries, advance and commercialise its existing deposits, and transition towards sustainable copper production.
Average Trading Volume: 1,757,498
Technical Sentiment Signal: Hold
Current Market Cap: A$37.03M
See more data about QML stock on TipRanks’ Stock Analysis page.