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The latest announcement is out from Lindian Resources Limited ( (AU:LIN) ).
Lindian Resources Limited has announced the application for the quotation of 1,195,798 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move signifies the company’s ongoing efforts to enhance its capital structure and potentially increase its market presence, which could have implications for its operational capabilities and stakeholder interests.
The most recent analyst rating on (AU:LIN) stock is a Buy with a A$0.91 price target. To see the full list of analyst forecasts on Lindian Resources Limited stock, see the AU:LIN Stock Forecast page.
More about Lindian Resources Limited
Lindian Resources Limited operates in the resources sector, focusing on the exploration and development of mineral resources. The company is primarily involved in the mining industry, with a market focus on the acquisition and development of mineral properties.
Average Trading Volume: 11,432,335
Technical Sentiment Signal: Buy
Current Market Cap: A$607.1M
Learn more about LIN stock on TipRanks’ Stock Analysis page.