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S2 Resources ( (AU:S2R) ) has shared an announcement.
S2 Resources Ltd announced a proposed issue of securities, specifically 8,000,000 options expiring on July 1, 2029. This strategic move is aimed at raising capital to support the company’s ongoing exploration activities and strengthen its financial position, potentially enhancing its market competitiveness and providing value to stakeholders.
The most recent analyst rating on (AU:S2R) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on S2 Resources stock, see the AU:S2R Stock Forecast page.
More about S2 Resources
S2 Resources Ltd operates in the mining and exploration industry, focusing on discovering and developing mineral resources. The company is involved in identifying and acquiring prospective mineral properties, with a market focus on expanding its portfolio of exploration projects.
Average Trading Volume: 724,932
Technical Sentiment Signal: Sell
Current Market Cap: A$38.49M
See more data about S2R stock on TipRanks’ Stock Analysis page.