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An announcement from Lunnon Metals Limited ( (AU:LM8) ) is now available.
Lunnon Metals Limited has issued 1,700,000 fully paid ordinary shares following the exercise of unquoted options under its Employee Incentive Option Scheme. This move reflects the company’s compliance with relevant corporate regulations and may impact its capital structure and employee engagement strategies.
The most recent analyst rating on (AU:LM8) stock is a Buy with a A$0.80 price target. To see the full list of analyst forecasts on Lunnon Metals Limited stock, see the AU:LM8 Stock Forecast page.
More about Lunnon Metals Limited
Lunnon Metals Limited operates in the mining industry, focusing on the exploration and development of nickel resources. The company is listed on the Australian Securities Exchange under the ticker ASX:LM8.
Average Trading Volume: 190,487
Technical Sentiment Signal: Buy
For a thorough assessment of LM8 stock, go to TipRanks’ Stock Analysis page.