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Sunstone Metals Limited ( (AU:STM) ) just unveiled an update.
Sunstone Metals Limited announced the issuance of 416,842,106 fully paid ordinary shares to sophisticated and professional investors without disclosure under the Corporations Act. The company has complied with relevant provisions of the Corporations Act and confirmed that there is no undisclosed information that investors would require for an informed assessment of its financial position or the rights attached to the shares.
The most recent analyst rating on (AU:STM) stock is a Buy with a A$0.07 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 is an Australian company operating in the mining industry, focusing on the exploration and development of mineral resources.
YTD Price Performance: 90.0%
Average Trading Volume: 13,637,465
Technical Sentiment Signal: Hold
Current Market Cap: A$121.1M
Learn more about STM stock on TipRanks’ Stock Analysis page.