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Metro Mining Limited Announces Quotation of New Securities

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Metro Mining Limited ( (AU:MMI) ) has issued an announcement.

Metro Mining Limited has announced the application for the quotation of 1,133,333 ordinary fully paid securities on the Australian Securities Exchange (ASX). These securities are issued under an employee incentive scheme and are not subject to transfer restrictions. This move is part of the company’s strategy to enhance its market presence and provide value to its stakeholders by expanding its equity base.

More about Metro Mining Limited

Metro Mining Limited operates in the mining industry, focusing primarily on the extraction and production of bauxite. The company is involved in the exploration, mining, and sale of bauxite, positioning itself as a significant player in the bauxite market.

YTD Price Performance: -25.00%

Average Trading Volume: 11,400,986

Technical Sentiment Signal: Buy

Current Market Cap: A$274.1M

See more data about MMI stock on TipRanks’ Stock Analysis page.

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