ASX:ASLMetals and Mining
A Look At Andean Silver’s Valuation As Capital Raise Backs Cerro Bayo Growth Plans
Why Andean Silver’s latest capital raise matters for investors
Andean Silver (ASX:ASL) is back on investor radars after doubling its share purchase plan to A$6 million and completing a roughly A$6.0 million follow on equity offering at A$1.85 per share.
Together, these moves expand the company’s funding pool for its Cerro Bayo silver gold project in Chile while also changing the mix between existing shareholders and new equity issued into the market.
See our latest analysis for Andean...