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An update from Peel Mining Limited ( (AU:PEX) ) is now available.
Peel Mining Limited announced that its Share Purchase Plan (SPP), initially set to close later, will now close early due to strong demand from shareholders. This decision aims to minimize the scale-back of applications, with the revised closing date set for October 16, 2025. The company may consider accepting applications that exceed the original target, indicating robust investor interest and potential for increased capital, which could positively impact Peel’s operational capabilities and market positioning.
The most recent analyst rating on (AU:PEX) stock is a Buy with a A$0.17 price target. To see the full list of analyst forecasts on Peel Mining Limited stock, see the AU:PEX Stock Forecast page.
More about Peel Mining Limited
Peel Mining Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction and production of base and precious metals, with a market focus on expanding its mining operations and resource base.
Average Trading Volume: 1,356,453
Technical Sentiment Signal: Buy
Current Market Cap: A$77.33M
For an in-depth examination of PEX stock, go to TipRanks’ Overview page.