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Viridis Mining and Minerals Seeks Quotation for Additional ASX Shares

Story Highlights
  • Viridis Mining and Minerals operates as an Australian-listed mining and minerals company focused on resource exploration and development.
  • The company has applied to quote 200,000 new ordinary shares on the ASX, modestly increasing its equity base and potential market liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Viridis Mining and Minerals Seeks Quotation for Additional ASX Shares

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Viridis Mining and Minerals Limited ( (AU:VMM) ) just unveiled an announcement.

Viridis Mining and Minerals has applied for quotation of 200,000 new ordinary fully paid shares on the Australian Securities Exchange, expanding its listed securities on issue. The additional shares arise from the conversion of options or other convertible securities, modestly increasing the company’s equity base and potentially enhancing liquidity for existing and new shareholders.

The most recent analyst rating on (AU:VMM) stock is a Buy with a A$3.60 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 operating in the mining and minerals sector. The company’s ordinary fully paid shares trade on the ASX under the ticker VMM, providing investors exposure to mineral exploration and development activities.

Average Trading Volume: 800,183

Technical Sentiment Signal: Buy

Current Market Cap: A$329.6M

Find detailed analytics on VMM stock on TipRanks’ Stock Analysis page.

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