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Saturn Metals Ltd. ( (AU:STN) ) has provided an update.
Saturn Metals Limited has issued 29,755,525 fully paid ordinary shares at a price of $0.215 per share as part of a placement announced earlier. This move is in compliance with the Corporations Act and indicates the company’s efforts to raise capital without requiring disclosure under certain provisions, potentially impacting its financial strategy and investor relations.
The most recent analyst rating on (AU:STN) stock is a Buy with a A$0.44 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 operates in the mining industry, focusing on the exploration and development of gold projects in Australia. The company is listed on the Australian Securities Exchange under the ticker STN.
Average Trading Volume: 1,021,251
Technical Sentiment Signal: Buy
Current Market Cap: A$118.2M
Learn more about STN stock on TipRanks’ Stock Analysis page.
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