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The latest announcement is out from VRX Silica Ltd. ( (AU:VRX) ).
VRX Silica Ltd. has successfully raised $2,050,400.02 through the issuance of 28,477,778 fully paid ordinary shares at $0.072 per share to sophisticated investors. This capital raise, conducted without the need for disclosure under specific sections of the Corporations Act, signifies the company’s ongoing compliance with relevant legal provisions and supports its strategic financial positioning.
The most recent analyst rating on (AU:VRX) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on VRX Silica Ltd. stock, see the AU:VRX Stock Forecast page.
More about VRX Silica Ltd.
VRX Silica Ltd. operates in the silica industry, focusing on the production and supply of high-quality silica sand, which is a critical component in various industrial applications, including glass manufacturing and construction.
Average Trading Volume: 558,780
Technical Sentiment Signal: Sell
Current Market Cap: A$63.74M
For detailed information about VRX stock, go to TipRanks’ Stock Analysis page.