tiprankstipranks
Trending News
More News >

Red Mountain Mining Issues New Shares to Boost Market Liquidity

Story Highlights
Red Mountain Mining Issues New Shares to Boost Market Liquidity

Don’t Miss TipRanks’ Half-Year Sale

Red Mountain Mining Ltd ( (AU:RMX) ) has provided an update.

Red Mountain Mining Ltd has issued 76,470,588 fully paid ordinary shares to sophisticated and professional investors without disclosure, in accordance with the Corporations Act 2001. This move allows the company to facilitate the secondary trading of these shares, potentially enhancing its market liquidity and investor base.

More about Red Mountain Mining Ltd

Red Mountain Mining Ltd is an Australia and Canada-based company focused on exploring gold and battery metals.

YTD Price Performance: -10.0%

Average Trading Volume: 9,066,975

Technical Sentiment Signal: Sell

Current Market Cap: A$4.65M

See more insights into RMX stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1