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Andean Silver Seeks ASX Quotation for 3.2 Million New Shares

Story Highlights
  • Andean Silver is an ASX-listed silver explorer and developer expanding its capital base.
  • The company has applied to quote 3.24 million new ordinary shares on the ASX to support its activities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Andean Silver Seeks ASX Quotation for 3.2 Million New Shares

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The latest update is out from Mitre Mining Corporation Limited ( (AU:ASL) ).

Andean Silver Limited has applied to the ASX for quotation of 3,243,057 new ordinary fully paid shares, issued as part of previously announced transactions under an earlier Appendix 3B. The additional securities, dated 6 January 2026, will expand the company’s quoted capital base, potentially enhancing liquidity in its stock and supporting funding for its ongoing exploration and development activities.

The most recent analyst rating on (AU:ASL) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Mitre Mining Corporation Limited stock, see the AU:ASL Stock Forecast page.

More about Mitre Mining Corporation Limited

Andean Silver Limited is an Australian-listed resources company focused on silver exploration and development, with its ordinary fully paid shares traded on the ASX under the code ASL.

Average Trading Volume: 1,778,223

Technical Sentiment Signal: Buy

Current Market Cap: A$495.3M

For an in-depth examination of ASL stock, go to TipRanks’ Overview page.

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