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Santana Minerals Ltd. ( (AU:SMI) ) has issued an announcement.
Santana Minerals Limited has announced the quotation of 5,172,510 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective from September 9, 2025. This move is part of previously announced transactions and is expected to enhance the company’s liquidity and provide greater flexibility in its financial operations, potentially impacting its market positioning positively.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$0.80 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 the exploration and development of mineral resources. The company is primarily involved in the extraction and production of precious metals, with a market focus on expanding its resource base and enhancing shareholder value.
Average Trading Volume: 1,133,900
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$586.6M
Learn more about SMI stock on TipRanks’ Stock Analysis page.