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The latest announcement is out from Silver Mines Limited ( (AU:SVL) ).
Silver Mines Limited has issued 428,986 fully paid ordinary shares at a price of $0.1196 per share following the exercise of options. The company has complied with relevant provisions of the Corporations Act and has no excluded information to disclose, although it is conducting exploration programs with results pending. The market price of shares may fluctuate based on future exploration outcomes.
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 is a company operating in the mining industry, primarily focused on silver exploration and development projects. The company is engaged in ongoing exploration programs, notably at its Bowdens Silver Project.
Average Trading Volume: 9,774,262
Technical Sentiment Signal: Buy
Current Market Cap: A$469.3M
For detailed information about SVL stock, go to TipRanks’ Stock Analysis page.