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Sayona Mining ( (AU:SYA) ) has shared an update.
Sayona Mining Limited has announced the quotation of 11,565,504,804 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the availability of shares for trading.
The most recent analyst rating on (AU:SYA) stock is a Buy with a A$0.03 price target. To see the full list of analyst forecasts on Sayona Mining stock, see the AU:SYA Stock Forecast page.
More about Sayona Mining
Sayona Mining Limited operates in the mining industry, focusing primarily on the exploration and development of lithium projects. The company is engaged in the production of lithium, which is a critical component in the manufacturing of batteries, particularly for electric vehicles and renewable energy storage solutions.
YTD Price Performance: -3.70%
Average Trading Volume: 41,811,934
Technical Sentiment Signal: Sell
Current Market Cap: A$300.1M
For a thorough assessment of SYA stock, go to TipRanks’ Stock Analysis page.