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Viridis Mining and Minerals Plans New Securities Issue

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Viridis Mining and Minerals Plans New Securities Issue

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Viridis Mining and Minerals Limited ( (AU:VMM) ) has provided an update.

Viridis Mining and Minerals Limited has announced a proposed issue of 10,101,010 ordinary fully paid securities, with the issuance date set for July 27, 2027. This move is part of a strategic effort to enhance the company’s capital structure, potentially impacting its market positioning and providing opportunities for stakeholders to engage with the company’s growth trajectory.

The most recent analyst rating on (AU:VMM) stock is a Buy with a A$1.45 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 operates in the mining industry, focusing on the extraction and processing of minerals. The company is involved in the exploration and development of mineral resources, aiming to contribute to the supply of essential materials for various industries.

Average Trading Volume: 536,915

Technical Sentiment Signal: Buy

Current Market Cap: A$86.22M

See more data about VMM stock on TipRanks’ Stock Analysis page.

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