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An update from Silver Mines Limited ( (AU:SVL) ) is now available.
Silver Mines Limited has announced a proposed issue of 39,000,000 ordinary fully paid securities, scheduled for issuance on July 31, 2025. This move is part of a strategic placement to potentially enhance the company’s capital structure and support its operational and development goals, impacting its market positioning and offering potential benefits to stakeholders.
The most recent analyst rating on (AU:SVL) stock is a Buy with a A$0.14 price target. To see the full list of analyst forecasts on Silver Mines Limited stock, see the AU:SVL Stock Forecast page.
More about Silver Mines Limited
Silver Mines Limited operates in the mining industry, focusing primarily on the exploration and development of silver deposits. The company is engaged in the extraction and production of silver, positioning itself as a key player in the silver market.
Average Trading Volume: 9,578,548
Technical Sentiment Signal: Buy
Current Market Cap: A$231.4M
For detailed information about SVL stock, go to TipRanks’ Stock Analysis page.