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St. Barbara Limited to Quote New Securities on ASX

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St. Barbara Limited to Quote New Securities on ASX

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St. Barbara ( (AU:SBM) ) has provided an update.

St. Barbara Limited has announced the application for the quotation of 862,563 ordinary fully paid securities on the ASX, issued under an employee incentive scheme. This move is likely to enhance the company’s market liquidity and provide additional incentives for its employees, potentially strengthening its position in the mining sector.

The most recent analyst rating on (AU:SBM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

More about St. Barbara

St. Barbara Limited operates in the mining industry, primarily focusing on the exploration and production of gold. The company is known for its mining operations and has a significant market presence in the gold sector.

Average Trading Volume: 5,769,675

Technical Sentiment Signal: Buy

Current Market Cap: A$373.6M

For detailed information about SBM stock, go to TipRanks’ Stock Analysis page.

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