tiprankstipranks
Trending News
More News >

Star Minerals Seeks Suspension Amid Capital Raise Plans

Story Highlights

An announcement from Star Minerals Ltd. ( (AU:SMS) ) is now available.

Star Minerals Limited has requested a voluntary suspension of its securities from trading on the Australian Securities Exchange due to pending details on a proposed capital raise. This suspension is expected to last until March 17, 2025, or until the company releases an announcement regarding the capital raise, highlighting a strategic move to potentially bolster its financial position.

More about Star Minerals Ltd.

Star Minerals Limited operates in the mining industry, focusing on mineral exploration and development. The company is listed on the Australian Securities Exchange under the ticker SMS.

YTD Price Performance: -16.67%

Average Trading Volume: 187,679

Technical Sentiment Consensus Rating: Buy

Find detailed analytics on SMS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App