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Saturn Metals Ltd. ( (AU:STN) ) just unveiled an update.
Saturn Metals Limited has issued 69,310,345 fully paid ordinary shares at a price of $0.58 per share as part of a placement announced earlier this month. This move is expected to bolster the company’s capital, potentially enhancing its operational capabilities and market positioning in the gold exploration sector.
The most recent analyst rating on (AU:STN) stock is a Buy with a A$1.93 price target. To see the full list of analyst forecasts on Saturn Metals Ltd. stock, see the AU:STN Stock Forecast page.
More about Saturn Metals Ltd.
Saturn Metals Limited is a company operating in the mining industry, focusing on the exploration and development of gold deposits in Australia.
Average Trading Volume: 882,567
Technical Sentiment Signal: Buy
Current Market Cap: A$280.6M
For detailed information about STN stock, go to TipRanks’ Stock Analysis page.