Jupiter Mines (ASX:JMS) hits over one-month low on delayed Juno Minerals IPO

Be the First to Comment Read

Jupiter Mines (ASX:JMS) hits over one-month low on delayed Juno Minerals IPO

The share price of Jupiter Mines Limited (ASX:JMS) fell as much as 7.6% to touch A$0.305 per share, its lowest since 8 February 2021.

The Company has delayed the demerger and IPO of Juno Minerals, which owns its central Yilgarn iron ore assets, to May.

JMS had informed in the year 2020 that Juno would list on the ASX in Q1 2021.

Up to Friday’s close, the stock had risen 8.2% this year.

Meanwhile, the stock was seen trading at A$0.310 per share, down 6.061%, with market capitalisation at A$646.46 million at 11:45 AM AEDT.

 

Disclaimer

Speak your Mind

Ad
kalkine logo

GET A FREE STOCK REPORT

Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK