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An update from Alien Metals Ltd ( (GB:UFO) ) is now available.
Alien Metals has raised £25,000 through the exercise of warrants over 18,518,518 new ordinary shares at 0.135 pence each, with the new stock set to be admitted to trading on AIM around 3 February 2026 and ranking pari passu with existing shares. Following admission, the company’s issued share capital will rise to 11,566,450,192 ordinary shares with voting rights, slightly diluting existing shareholders but modestly bolstering Alien’s funding base as it progresses its iron ore and precious metals projects in Western Australia.
The most recent analyst rating on (GB:UFO) stock is a Hold with a £0.16 price target. To see the full list of analyst forecasts on Alien Metals Ltd stock, see the GB:UFO Stock Forecast page.
Spark’s Take on GB:UFO Stock
According to Spark, TipRanks’ AI Analyst, GB:UFO is a Neutral.
The score is held back primarily by weak financial performance (pre-revenue, persistent losses, and ongoing cash burn despite 2024 improvement). Technicals provide a moderate offset with the price trending above key moving averages and positive MACD, while valuation remains constrained by negative earnings and no dividend yield data.
To see Spark’s full report on GB:UFO stock, click here.
More about Alien Metals Ltd
Alien Metals Limited is a mining exploration and development company listed on London’s AIM market, pursuing a balanced strategy of advancing and strengthening its asset portfolio through technical work, project development, partnerships and selective monetisation. The company’s principal focus is its 90%-owned Hancock Iron Ore Project in Western Australia’s Pilbara region, which hosts a JORC-compliant 8.4Mt resource at 60% Fe and is being targeted as a 2Mtpa, 10-year mining operation with direct access to infrastructure leading to the export hub at Port Hedland. Alien also holds iron ore exploration interests at Brockman and Vivash, and maintains 30% interests via joint ventures in the Munni Munni PGM-gold project and the Elizabeth Hill Silver Project, providing exposure to advanced precious and base metal assets in the Pilbara.
Average Trading Volume: 105,000,832
Technical Sentiment Signal: Buy
Current Market Cap: £19.05M
See more insights into UFO stock on TipRanks’ Stock Analysis page.