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West Wits Mining Limited ( (AU:WWI) ) just unveiled an update.
West Wits Mining Limited has announced a proposed issue of new securities comprising up to 343,750,000 ordinary fully paid shares and 181,875,000 options with varying expiry dates and exercise prices. The capital raising, to be conducted as a placement or similar type of issue with a proposed issue date of 27 January 2026, is expected to significantly increase the company’s capital base, potentially diluting existing shareholders while providing additional funding capacity to support its ongoing projects and strategic initiatives.
The most recent analyst rating on (AU:WWI) stock is a Sell with a A$0.09 price target. To see the full list of analyst forecasts on West Wits Mining Limited stock, see the AU:WWI Stock Forecast page.
More about West Wits Mining Limited
West Wits Mining Limited is an ASX-listed resources company, trading under the code WWI. The company operates in the mining sector and is focused on exploring and developing mineral resources, with its ordinary fully paid shares quoted on the Australian Securities Exchange.
Average Trading Volume: 12,465,343
Technical Sentiment Signal: Buy
Current Market Cap: A$354.7M
For detailed information about WWI stock, go to TipRanks’ Stock Analysis page.