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An update from Marmota Limited ( (AU:MEU) ) is now available.
Marmota Limited announced the quotation of 90,909,091 new securities on the ASX, furthering its strategic financial maneuvers previously disclosed in an earlier market announcement. This move is expected to enhance Marmota’s capital base, supporting its ongoing exploration and development projects in the resources sector, thereby potentially increasing shareholder value.
More about Marmota Limited
Marmota Limited operates in the resources sector, focusing on the exploration and development of mineral projects, primarily targeting gold and copper deposits. The company is committed to advancing its projects to deliver value to stakeholders through strategic exploration and development initiatives.
YTD Price Performance: 40.0%
Average Trading Volume: 1,742,736
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$60.85M
See more insights into MEU stock on TipRanks’ Stock Analysis page.