Santana Minerals gains +3.05% in NZX debut

It's the second listing on the NZX this year. (Image: Getty)

Thu, 25 Jul 2024

Australian mining company Santana Minerals rose 3.05% to $1.35 in its debut on the New Zealand Exchange on Thursday.It marks the second NZ Exchange (NZX) listing this year. Its ticker is SMI.The company is listed on the Australian Securities Exchange (ASX) but applied to the NZX for foreign-exempt issuer status, allowing access to a broader NZ capital base.Under the new listing, the 206.5 million shares quoted on the ASX market will also be quoted on the NZX. The opening price was determined by the close price on the ASX on July 24, converted i...

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