The latest announcement is out from MetalsTech Ltd ( (AU:MTC) ).
MetalsTech Ltd has announced a proposed issue of 13,333,334 ordinary fully paid securities, with the issuance date set for May 15, 2025. This move is aimed at raising capital, potentially enhancing the company’s operational capacity and market positioning within the mining sector. The issuance could have implications for stakeholders, including potential dilution of existing shares and an increase in market liquidity.
More about MetalsTech Ltd
MetalsTech Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with the extraction and processing of metals, aiming to cater to market demands for these essential raw materials.
YTD Price Performance: -32.50%
Average Trading Volume: 4,057
Technical Sentiment Signal: Buy
Current Market Cap: €12.65M
See more data about MTC stock on TipRanks’ Stock Analysis page.