Viridis Mining and Minerals Plans Issue of 150,000 Performance Rights

Viridis Mining and Minerals Limited ( (AU:VMM) ) has shared an announcement.

Viridis Mining and Minerals has notified the market of a proposed issue of up to 150,000 performance rights under ASX listing rules. The performance rights, trading under the code VMMAF, are scheduled for issue on 19 November 2026 as part of a placement or other type of security issue, signalling ongoing use of equity-linked incentives in the company’s capital management and remuneration strategy.

The most recent analyst rating on (AU:VMM) stock is a Buy with a A$4.30 price target. To see the full list of analyst forecasts on Viridis Mining and Minerals Limited stock, see the AU:VMM Stock Forecast page.

More about Viridis Mining and Minerals Limited

Viridis Mining and Minerals Limited is an Australian-listed resources company focused on mineral exploration and development. The company is traded on the ASX under the code VMM and operates within the mining and minerals sector, seeking to advance projects and create value through targeted exploration activities.

Average Trading Volume: 877,282

Technical Sentiment Signal: Buy

Current Market Cap: A$346.4M

Learn more about VMM stock on TipRanks’ Stock Analysis page.