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Santana Minerals Ltd. ( (AU:SMI) ) has shared an announcement.
Santana Minerals Limited announced the cessation of 318,720 performance rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This development may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational adjustments and strategic focus in the mining sector.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.63 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
More about Santana Minerals Ltd.
Santana Minerals Limited operates in the mining industry, focusing on mineral exploration and development. The company is involved in the identification and extraction of valuable mineral resources, contributing to the supply chain of raw materials in the market.
Average Trading Volume: 1,375,196
Technical Sentiment Signal: Buy
Current Market Cap: A$673.4M
For detailed information about SMI stock, go to TipRanks’ Stock Analysis page.