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Viridis Mining Boosts Capital with New Share Issuance

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Viridis Mining Boosts Capital with New Share Issuance

Confident Investing Starts Here:

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

Viridis Mining and Minerals Limited has issued 967,312 fully paid ordinary shares as part of its February 2025 capital raising initiative, following shareholder approval. This move, compliant with the Corporations Act 2001, aims to enhance the company’s financial position and support its growth strategy in the competitive mining sector.

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 exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) and is involved in capital raising activities to support its operations.

Average Trading Volume: 337,441

Technical Sentiment Signal: Sell

Current Market Cap: A$26.43M

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

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