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Silver Mines Limited ( (AU:SVL) ) just unveiled an update.
Silver Mines Limited has announced the application for the quotation of 33,918,984 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially impacting its operational capabilities and investor confidence positively.
The most recent analyst rating on (AU:SVL) stock is a Buy with a A$0.17 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, primarily focusing on the exploration and development of silver deposits. The company is engaged in the extraction and production of silver, catering to markets that demand precious metals.
Average Trading Volume: 7,463,541
Technical Sentiment Signal: Buy
Current Market Cap: A$251.4M
For an in-depth examination of SVL stock, go to TipRanks’ Overview page.