The latest update is out from Victory Goldfields Limited ( (AU:VTM) ).
Victory Metals Limited announced the issuance of 1,000,000 fully paid ordinary shares, which are exempt from certain disclosure requirements under the Corporations Act 2001. This move is part of the company’s ongoing compliance with regulatory provisions and supports its strategic focus on rare earth exploration and development, potentially enhancing its market position and stakeholder value.
More about Victory Goldfields Limited
Victory Metals Limited is focused on the exploration and development of Heavy Rare Earth Element and critical mineral discoveries in the Cue Region of Western Australia. The company’s key assets include a portfolio located in the Midwest region of Western Australia, approximately 665km from Perth, with a rapidly evolving clay REE discovery demonstrating high ratios of Heavy Rare Earth Oxides and Critical Magnet Metals such as NdPr + DyTb.
YTD Price Performance: -7.50%
Average Trading Volume: 129,959
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$40.15M
For an in-depth examination of VTM stock, go to TipRanks’ Stock Analysis page.