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Sims ( (AU:SGM) ) has provided an announcement.
Sims Limited has announced the quotation of 2,606 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of the company’s ongoing efforts to enhance its financial flexibility and strengthen its market position, potentially impacting its stakeholders by providing increased liquidity and investment opportunities.
The most recent analyst rating on (AU:SGM) stock is a Sell with a A$11.50 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 industry, focusing on the processing and trading of scrap metal and electronics. The company is known for its commitment to sustainability and environmental responsibility, serving a global market with a strong presence in Australia and North America.
YTD Price Performance: 28.33%
Average Trading Volume: 421,801
Technical Sentiment Signal: Buy
Current Market Cap: A$2.92B
For detailed information about SGM stock, go to TipRanks’ Stock Analysis page.