tiprankstipranks
Company Announcements

Viridis Mining Initiates Trading Halt for Capital Raising Announcement

Story Highlights
Viridis Mining Initiates Trading Halt for Capital Raising Announcement

Discover the Best Stocks and Maximize Your Portfolio:

The latest announcement is out from Viridis Mining and Minerals Limited ( (AU:VMM) ).

Viridis Mining and Minerals Limited has requested a trading halt on its securities pending a significant announcement regarding a capital raising initiative. This move, effective immediately under ASX Listing Rule 17.1, is anticipated to impact trading until either the announcement is released or normal trading resumes on February 3, 2025. The halt indicates a strategic step likely to influence the company’s market positioning and stakeholder interests as it prepares for potential funding changes.

More about Viridis Mining and Minerals Limited

Viridis Mining and Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange under the ticker VMM.

YTD Price Performance: 12.12%

Average Trading Volume: 164,737

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$787.7K

Find detailed analytics on VMM stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1