An update from Tempus Resources Ltd. ( (AU:SMM) ) is now available.
Somerset Minerals Limited has announced a proposed issue of 15 million performance rights as part of a new securities placement. This move is expected to enhance the company’s financial flexibility and support its strategic initiatives, potentially impacting its market positioning and offering new opportunities for stakeholders.
More about Tempus Resources Ltd.
Somerset Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in the extraction and processing of various minerals, contributing to the supply chain of raw materials for industrial use.
Average Trading Volume: 128,838
Technical Sentiment Signal: Buy
Current Market Cap: C$3.12M
For a thorough assessment of SMM stock, go to TipRanks’ Stock Analysis page.