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The latest announcement is out from South32 ( (AU:S32) ).
South32 Limited announced the cessation of 1,710,693 securities due to the lapse of conditional rights, as the conditions for these rights were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for its market positioning and stakeholder interests.
The most recent analyst rating on (AU:S32) stock is a Hold with a A$2.70 price target. To see the full list of analyst forecasts on South32 stock, see the AU:S32 Stock Forecast page.
More about South32
South32 Limited is a diversified mining and metals company involved in the extraction and processing of a variety of minerals and metals. The company operates in the mining industry and focuses on producing commodities such as aluminum, coal, manganese, nickel, silver, lead, and zinc, serving markets worldwide.
Average Trading Volume: 19,804,670
Technical Sentiment Signal: Sell
Current Market Cap: A$12.22B
Learn more about S32 stock on TipRanks’ Stock Analysis page.