80 Mile Issues New Shares After Adviser Warrant Exercise, Lifting Share Count to Nearly 5 Billion

Bluejay Mining ( (GB:80M) ) just unveiled an announcement.

80 Mile plc has issued 29,435,493 new ordinary shares following the exercise of warrants by its advisers, representing about 0.59% of its existing share capital, and has applied for these shares to be admitted to trading on AIM, which is expected around 6 February 2026. Following admission, the company’s total share count will rise to 4,996,562,696 ordinary shares, a change that slightly dilutes existing holders but provides additional capital alignment with advisers and updates the reference figure investors must use for regulatory disclosure of significant shareholdings.

The most recent analyst rating on (GB:80M) stock is a Hold with a £1.00 price target. To see the full list of analyst forecasts on Bluejay Mining stock, see the GB:80M Stock Forecast page.

Spark’s Take on GB:80M Stock

According to Spark, TipRanks’ AI Analyst, GB:80M is a Neutral.

The score is held down primarily by weak financial performance (no revenue, widening losses, and ongoing cash burn), which increases funding and dilution risk despite low debt. Technicals are supportive with strong trend and positive momentum, but overbought signals temper the benefit. Valuation is difficult to assess due to negative earnings and no dividend yield data.

To see Spark’s full report on GB:80M stock, click here.

More about Bluejay Mining

80 Mile plc is an exploration and development company listed on AIM, the Frankfurt Stock Exchange and the U.S. OTC market, focused on high-grade critical metals and energy projects in Tier 1 jurisdictions. Its portfolio spans base and precious metals, industrial gases, sustainable fuels and conventional energy, with key assets including the Disko-Nuussuaq nickel-copper-cobalt-PGE project, the advanced Dundas Ilmenite Project in northwest Greenland, and energy interests via the White Flame Energy and Jameson licenses in East Greenland, alongside a developing industrial gas and biofuels business in Italy and a divestment agreement for the Kangerluarsuk zinc-lead-silver project.

Average Trading Volume: 71,323,223

Technical Sentiment Signal: Hold

Current Market Cap: £56.71M

See more data about 80M stock on TipRanks’ Stock Analysis page.