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Santana Minerals Announces Quotation of 1.2 Million Shares

Story Highlights
  • Santana Minerals Ltd. issued 1,200,000 fully paid ordinary shares now quoted on the ASX.
  • The move reinforces the company’s focus on improving its capital structure and operational potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Santana Minerals Announces Quotation of 1.2 Million Shares

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Santana Minerals Ltd. ( (AU:SMI) ) has shared an announcement.

Santana Minerals Ltd., a publicly listed entity on the ASX, has announced the issuance of 1,200,000 fully paid ordinary shares, which were quoted on December 16, 2025, as part of the exercise of options or conversion of convertible securities. This development underscores the company’s commitment to bolstering its capital structure and could enhance its operational capacity and market positioning, providing potential value for stakeholders.

The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.15 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.

Average Trading Volume: 1,219,155

Technical Sentiment Signal: Buy

Current Market Cap: A$655M

For detailed information about SMI stock, go to TipRanks’ Stock Analysis page.

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