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Sunstone Metals Limited ( (AU:STM) ) has issued an update.
Sunstone Metals Limited has announced the quotation of 9,695,000 fully paid ordinary securities on the Australian Securities Exchange (ASX), following the exercise of options or conversion of convertible securities. This move is likely to enhance the company’s capital structure and potentially increase its market presence, offering new opportunities for investors and stakeholders.
The most recent analyst rating on (AU:STM) stock is a Buy with a A$0.03 price target. To see the full list of analyst forecasts on Sunstone Metals Limited stock, see the AU:STM Stock Forecast page.
More about Sunstone Metals Limited
Sunstone Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction and production of metals, contributing to the global supply of essential raw materials.
YTD Price Performance: 80.0%
Average Trading Volume: 8,982,754
Technical Sentiment Signal: Hold
Current Market Cap: A$117.4M
Find detailed analytics on STM stock on TipRanks’ Stock Analysis page.