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An update from Magnetite Mines Limited ( (AU:MGT) ) is now available.
Magnetite Mines Limited announced the quotation of 1,081,917 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, potentially strengthening the company’s market presence and providing additional capital for its ongoing operations.
More about Magnetite Mines Limited
Magnetite Mines Limited is a company operating in the mining industry, primarily focusing on the exploration and development of iron ore projects.
YTD Price Performance: -4.17%
Average Trading Volume: 130,266
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$13.27M
For a thorough assessment of MGT stock, go to TipRanks’ Stock Analysis page.
