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Silver Mines Limited ( (AU:SVL) ) has provided an update.
Silver Mines Limited has announced the quotation of 7,707,559 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective October 24, 2025. This move is part of the company’s strategy to enhance its market presence and liquidity, potentially benefiting stakeholders by increasing the company’s capital and facilitating further growth in the silver mining sector.
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, focusing on the exploration and development of silver deposits. The company is primarily engaged in the production and sale of silver, positioning itself as a significant player in the silver market.
Average Trading Volume: 11,884,620
Technical Sentiment Signal: Buy
Current Market Cap: A$416.1M
Find detailed analytics on SVL stock on TipRanks’ Stock Analysis page.