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The latest announcement is out from Silver Mines Limited ( (AU:SVL) ).
Silver Mines Limited has issued 233,334 fully paid ordinary shares at $0.1196 per share following the exercise of options. This issuance was conducted without disclosure to investors under specific provisions of the Corporations Act. The company is actively engaged in exploration programs, but the results are currently incomplete and not available for market release. 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$0.28 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 primarily on silver exploration and production. The company is engaged in ongoing exploration programs, including its Bowdens Silver Project, which is a significant focus of its operations.
Average Trading Volume: 14,655,001
Technical Sentiment Signal: Buy
Current Market Cap: A$407.2M
For an in-depth examination of SVL stock, go to TipRanks’ Overview page.