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29Metals Seeks ASX Quotation for Nearly 297 Million New Shares

Story Highlights
  • 29Metals has applied to list 296.9 million new ordinary shares on the ASX.
  • The additional quoted securities expand the company’s tradable share base and market liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
29Metals Seeks ASX Quotation for Nearly 297 Million New Shares

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29metals Ltd. ( (AU:29M) ) has provided an announcement.

29Metals Limited has lodged an application with the ASX for quotation of 296,940,276 new ordinary fully paid shares, with an issue date of 29 January 2026, under an Appendix 2A filing. The move formalises the admission of these securities to trading on the ASX, expanding the company’s quoted share base and potentially broadening its investor register and liquidity in the market.

The most recent analyst rating on (AU:29M) stock is a Hold with a A$0.41 price target. To see the full list of analyst forecasts on 29metals Ltd. stock, see the AU:29M Stock Forecast page.

More about 29metals Ltd.

29Metals Limited, listed on the ASX under the code 29M, operates in the metals and mining sector, with its primary business focused on the production and development of base metals such as copper and associated mineral products for global industrial and metals markets.

Average Trading Volume: 4,925,435

Technical Sentiment Signal: Buy

Current Market Cap: A$760.1M

See more insights into 29M stock on TipRanks’ Stock Analysis page.

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