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Sims Limited Announces Quotation of New Securities on ASX

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Sims Limited Announces Quotation of New Securities on ASX

Confident Investing Starts Here:

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.

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