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An update from Pacific American Holdings Ltd. ( (AU:AVM) ) is now available.
Advance Metals Limited announced a proposed issuance of securities, comprising 117,241,174 ordinary fully paid shares and 33,600,000 performance rights, scheduled for February 21, 2025. This strategic move is likely to impact the company’s financial structure by enhancing capital and potentially affecting its market position, offering implications for stakeholders regarding the company’s growth and investment potential.
More about Pacific American Holdings Ltd.
Advance Metals Limited operates in the metals industry, focusing primarily on the exploration and development of mineral resources. The company is involved in the production and advancement of various metal products and services, positioning itself within the resource sector.
YTD Price Performance: 13.33%
Average Trading Volume: 2,331,598
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$5.73M
Find detailed analytics on AVM stock on TipRanks’ Stock Analysis page.