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Stavely Minerals Seeks ASX Quotation for 171 Million New Shares

Tipranks - Tipranks - Tue Apr 21, 10:02PM CDT

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The latest announcement is out from Stavely Minerals Ltd ( (AU:SVY) ).

Stavely Minerals Limited has applied to the Australian Securities Exchange for quotation of 171,196,595 new ordinary fully paid shares under the code SVY. The issuance of these securities, which are linked to previously announced transactions, will expand the company’s quoted share capital and may influence its market liquidity and ownership structure.

More about Stavely Minerals Ltd

Stavely Minerals Limited is an Australian listed company in the mineral resources sector. It is focused on exploration and development activities, with its ordinary fully paid shares traded on the ASX under the code SVY.

Average Trading Volume: 1,229,383

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$8.9M

For a thorough assessment of SVY stock, go to TipRanks’ Stock Analysis page.

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