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An announcement from Santana Minerals Ltd. ( (AU:SMI) ) is now available.
Santana Minerals Ltd has requested a trading halt on its securities, effective from August 7, 2025, pending an announcement related to a proposed capital raising. This halt will remain in place until the company releases the announcement or until normal trading resumes on August 11, 2025. The decision aims to provide the company time to consider and execute a proposed placement, potentially impacting its financial strategy and market position.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.07 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 Ltd is a company listed on the Australian Securities Exchange (ASX) and the New Zealand Exchange (NZX). The company is involved in the mining industry, focusing on mineral exploration and development.
Average Trading Volume: 1,081,085
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$440.9M
For a thorough assessment of SMI stock, go to TipRanks’ Stock Analysis page.