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Sims Limited Announces Cessation of Securities

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Sims Limited Announces Cessation of Securities

TipRanks Black Friday Sale

An update from Sims ( (AU:SGM) ) is now available.

Sims Limited announced the cessation of 1,897,232 securities due to the expiry of options or other convertible securities without exercise or conversion. This development may impact the company’s capital structure and could influence investor perceptions, as it reflects on the company’s financial strategies and market positioning.

The most recent analyst rating on (AU:SGM) stock is a Hold with a A$15.75 price target. To see the full list of analyst forecasts on Sims stock, see the AU:SGM Stock Forecast page.

More about Sims

Sims Limited operates in the recycling and waste management industry, focusing on the processing and trading of metals and electronics. The company is a key player in the global market, providing sustainable solutions for resource recovery and recycling.

YTD Price Performance: 33.42%

Average Trading Volume: 455,792

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$3B

See more data about SGM stock on TipRanks’ Stock Analysis page.

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