Heavy Minerals Ltd ( (AU:HVY) ) has issued an announcement.
Heavy Minerals Limited announced the issuance of 500,000 fully paid ordinary shares without disclosure to investors under the Corporations Act. This strategic move indicates the company’s compliance with regulatory requirements and aims to strengthen its financial position, potentially impacting its operations and market presence positively.
More about Heavy Minerals Ltd
Heavy Minerals Limited is an Australian listed industrial mineral exploration company focusing on projects prospective for minerals such as Garnet, Zircon, Rutile, and Ilmenite. The company’s primary focus is on the Port Gregory and Red Hill Garnet Projects in Western Australia, with significant mineral resources identified, and the Inhambane Heavy Mineral Project in Mozambique.
YTD Price Performance: 108.33%
Average Trading Volume: 140,199
Technical Sentiment Consensus Rating: Sell
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