tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Viridis Mining Raises Capital Through Share Issuance

Story Highlights
Viridis Mining Raises Capital Through Share Issuance

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Viridis Mining and Minerals Limited ( (AU:VMM) ) is now available.

Viridis Mining and Minerals Limited has issued over 12 million fully paid ordinary shares as part of a capital raising initiative announced in July 2025. This move is compliant with relevant sections of the Corporations Act 2001, indicating the company’s adherence to regulatory requirements. The issuance of shares without disclosure under specific provisions suggests a strategic approach to financing, potentially impacting the company’s market position and stakeholder interests.

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 and is involved in capital raising activities to support its operations.

Average Trading Volume: 626,045

Technical Sentiment Signal: Buy

Current Market Cap: A$94.41M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1