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Silver Mines Limited ( (AU:SVL) ) has issued an update.
Silver Mines Limited has issued 64,840,000 fully paid ordinary shares as part of its strategic acquisitions and project interests. This includes shares issued for the acquisition of the Calico North Project and the Kramer Hills Project, marking significant steps in the company’s expansion efforts. The company is also engaged in ongoing exploration programs, with results pending release, which could impact the market valuation of its shares.
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 on the exploration and development of silver and other precious metals projects. The company is involved in various regional projects, including the Bowdens Silver Project, and aims to expand its market presence through strategic acquisitions and partnerships.
Average Trading Volume: 8,641,548
Technical Sentiment Signal: Hold
Current Market Cap: A$213.6M
Learn more about SVL stock on TipRanks’ Stock Analysis page.