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Metro Mining Limited Issues New Securities Under Employee Incentive Scheme

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The latest update is out from Metro Mining Limited ( (AU:MMI) ).

Metro Mining Limited has announced the issuance of 1,097,567 fully paid ordinary securities, which will be quoted on the ASX. This move is part of an employee incentive scheme, indicating the company’s efforts to enhance employee engagement and align their interests with the company’s growth objectives.

The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.

More about Metro Mining Limited

Metro Mining Limited operates in the mining industry, focusing primarily on the extraction and production of bauxite. The company is engaged in the development and operation of bauxite mining projects, catering to the global demand for aluminum production.

Average Trading Volume: 11,208,915

Technical Sentiment Signal: Hold

Current Market Cap: A$292.4M

Learn more about MMI stock on TipRanks’ Stock Analysis page.

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