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Latrobe Magnesium to Quote New Securities on ASX

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Latrobe Magnesium Limited ( (AU:LMG) ) has shared an update.

Latrobe Magnesium Limited has announced the application for the quotation of 76,072,670 ordinary fully paid securities on the Australian Securities Exchange (ASX), scheduled for May 9, 2025. This move is part of previously announced transactions and could potentially enhance the company’s market presence and liquidity, impacting its operations and stakeholders positively.

More about Latrobe Magnesium Limited

Latrobe Magnesium Limited operates in the magnesium industry, focusing on the production and supply of magnesium products. The company is involved in developing and commercializing magnesium production processes, primarily targeting the Australian and international markets.

Average Trading Volume: 2,134,799

Technical Sentiment Signal: Sell

Current Market Cap: A$30.58M

For detailed information about LMG stock, go to TipRanks’ Stock Analysis page.

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