Australia's Sentinel Metals falls to two-month low on discounted placement
06/07/2026 03:30
BUZZ-Australia's Sentinel Metals falls to two-month low on discounted placement ** Shares of Sentinel Metals SNM.AX fall as much as 8.1% to A$0.57, their lowest level since May 6
** Gold producer receives funding commitments of A$15 million at issue price of A$0.58
** Issue price represents 6.5% discount to stock's last close
** About 579,916 shares change hands, 3.3x the 30-day average of 177,458
** Stock last down 4%; up 41.7% YTD including moves in current session
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
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