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Viridis Mining Issues New Shares to Bolster Capital

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Viridis Mining Issues New Shares to Bolster Capital

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The latest announcement is out from Viridis Mining and Minerals Limited ( (AU:VMM) ).

Viridis Mining and Minerals Limited announced the issuance of 274,726 fully paid ordinary shares following shareholder approval at their annual general meeting. This move, executed without disclosure under specific provisions of the Corporations Act 2001, signifies compliance with relevant legal requirements and reflects the company’s strategic efforts to enhance its capital structure.

The most recent analyst rating on (AU:VMM) stock is a Buy with a A$2.65 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’s primary products include various minerals, and it is listed on the Australian Securities Exchange (ASX) under the ticker VMM.

Average Trading Volume: 981,382

Technical Sentiment Signal: Buy

Current Market Cap: A$112.8M

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

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