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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The latest update is out from West Wits Mining Limited ( (AU:WWI) ).
West Wits Mining Limited announced the issuance of 544,545,444 fully paid ordinary shares at a price of $0.022 per share. This move, conducted without disclosure to investors under Part 6D.2 of the Corporations Act, signifies the company’s compliance with relevant legal provisions and its strategic effort to raise capital, potentially impacting its financial standing and market operations.
More about West Wits Mining Limited
West Wits Mining Limited operates in the mining industry, focusing on the exploration and development of gold and other precious metals. The company is engaged in projects primarily located in South Africa and Australia, aiming to expand its resource base and enhance shareholder value through strategic exploration activities.
Average Trading Volume: 4,760,512
Technical Sentiment Signal: Sell
Current Market Cap: A$63.08M
Find detailed analytics on WWI stock on TipRanks’ Stock Analysis page.