Australia's Mount Hope Mining slips on discounted placement

Mount Hope Mining

29/10/2025 02:09

** Mount Hope Mining MHM.AX slips as much as 14% to A$0.185, lowest since October 10

** Stock marks biggest intraday pct fall since June 12

** Explorer co receives binding commitments for A$1.2 mln ($779,760)

** Issue price of A$0.20 represents 7% discount to last close

** MHM last down 7%, takes YTD gains to 8.1%

($1 = A$1.5389)

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))