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An announcement from Silver Mines Limited ( (AU:SVL) ) is now available.
Silver Mines Limited has issued 271,739 fully paid ordinary shares at an issue price of $0.1196 per share, following the exercise of options. The company has ongoing exploration programs, and while results from these programs are incomplete, they will be disclosed in accordance with continuous disclosure obligations. The market price of shares may fluctuate based on the announcement of these exploration results.
The most recent analyst rating on (AU:SVL) stock is a Buy with a A$0.28 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 projects. The company is actively engaged in exploration programs, particularly at its Bowdens Silver Project, which is a key focus area.
Average Trading Volume: 12,777,050
Technical Sentiment Signal: Hold
Current Market Cap: A$374.9M
Learn more about SVL stock on TipRanks’ Stock Analysis page.