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Alvo Minerals Limited ( (AU:ALV) ) has shared an announcement.
Alvo Minerals Limited has applied to the ASX for quotation of 310,187 new fully paid ordinary shares (ASX code: ALV), following the exercise or conversion of existing options or other convertible securities. The modest increase in quoted securities slightly expands the company’s issued capital base, signalling ongoing shareholder participation in equity-linked instruments but without materially altering its market structure or disclosed strategic position.
The most recent analyst rating on (AU:ALV) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Alvo Minerals Limited stock, see the AU:ALV Stock Forecast page.
More about Alvo Minerals Limited
Average Trading Volume: 3,719,196
Technical Sentiment Signal: Buy
Current Market Cap: A$18.5M
Learn more about ALV stock on TipRanks’ Stock Analysis page.