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An update from Silver Mines Limited ( (AU:SVL) ) is now available.
Silver Mines Limited has announced the issuance of 250,000,000 fully paid ordinary shares, which are set to be quoted on the ASX as of August 11, 2025. This move is part of a previously announced transaction, potentially enhancing the company’s market presence and providing additional capital for its operations.
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 primarily on the exploration and development of silver deposits. The company is engaged in the extraction and production of silver, positioning itself as a key player in the silver market.
YTD Price Performance: 53.85%
Average Trading Volume: 7,828,289
Technical Sentiment Signal: Hold
Current Market Cap: A$221.4M
For a thorough assessment of SVL stock, go to TipRanks’ Stock Analysis page.