Kingfisher Mining to Begin ASX Trade Following Oversubscribed IPO

One of the last junior explorers to make its way on to the ASX this year is Kingfisher Mining (ASX: KFM) which is due to begin trade this morning.

The company raised $6 million in an oversubscribed IPO, which issued 30 million shares at $0.20.

It will make its ASX debut this morning with a market cap of about $8.45 million.

Kingfisher holds 590 square kilometres of copper-gold tenements across the Ashburton and Gascoyne regions in Western Australia.

According to the company, the Ashburton and Gascoyne mineral fields are underexplored. Read more…..


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“If you can get the stock for $68 or less this week, I’d back up the truck,” the “Mad Money” host said.

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