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An update from Heavy Minerals Ltd ( (AU:HVY) ) is now available.
Heavy Minerals Limited announced the issuance of 100,000 fully paid ordinary shares without disclosure to investors under the Corporations Act. This move complies with relevant provisions and signifies a strategic step in the company’s operations, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (AU:HVY) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Heavy Minerals Ltd stock, see the AU:HVY Stock Forecast page.
More about Heavy Minerals Ltd
Heavy Minerals Limited is an Australian listed industrial mineral exploration company focused on projects in Western Australia and Mozambique. The company primarily explores for garnet, zircon, rutile, and ilmenite, with significant resources identified at the Port Gregory and Red Hill Garnet Projects in Western Australia and the Inhambane Heavy Mineral Project in Mozambique.
Average Trading Volume: 72,776
Technical Sentiment Signal: Buy
For an in-depth examination of HVY stock, go to TipRanks’ Overview page.