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The latest update is out from Red Mountain Mining Ltd ( (AU:RMX) ).
Red Mountain Mining Ltd has announced a proposed issue of securities, including 25,961,538 unquoted options and 59,923,076 ordinary fully paid shares. This move is part of a placement or other type of issue, potentially impacting the company’s financial structure and market positioning by increasing its capital base.
More about Red Mountain Mining Ltd
Red Mountain Mining Ltd is a company involved in the mining industry, focusing on the exploration and development of mineral resources.
YTD Price Performance: 200%
Average Trading Volume: 29,188,523
Technical Sentiment Signal: Sell
Current Market Cap: A$25.99M
Learn more about RMX stock on TipRanks’ Stock Analysis page.