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Terramin Australia Limited Announces Cessation of 10 Million Securities

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Terramin Australia Limited Announces Cessation of 10 Million Securities

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Terramin Australia Limited ( (AU:TZN) ) has issued an update.

Terramin Australia Limited has announced the cessation of 10 million securities due to the lapse of conditional rights and the expiry of options without exercise or conversion. This development may impact the company’s capital structure and stakeholder interests, as it reflects a shift in the company’s financial strategy and potential adjustments in its market positioning.

The most recent analyst rating on (AU:TZN) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Terramin Australia Limited stock, see the AU:TZN Stock Forecast page.

More about Terramin Australia Limited

Terramin Australia Limited operates in the mining industry, focusing on the exploration and development of base and precious metal projects. The company is primarily involved in the production of zinc, lead, and gold, with a market focus on expanding its resource base and optimizing its mining operations.

Average Trading Volume: 202,617

Technical Sentiment Signal: Sell

Current Market Cap: A$99.98M

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

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