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Andean Silver Seeks ASX Quotation for 450,000 New Shares

Story Highlights
  • Andean Silver operates in the mining sector, focusing on silver exploration and development.
  • The company has applied to list 450,000 new fully paid shares on the ASX, modestly increasing its capital base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Andean Silver Seeks ASX Quotation for 450,000 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 450,000 new fully paid ordinary shares, issued on 5 January 2026. The additional securities, arising from the exercise or conversion of existing instruments, will marginally increase the company’s free float and capital base, providing incremental funding flexibility and slightly expanding the equity exposure of current and prospective shareholders.

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, listed on the ASX under the code ASL, is a resources company focused on silver exploration and development. The company operates within the mining and metals sector, with its activities centred on advancing silver-related projects for investors in the Australian market.

Average Trading Volume: 1,778,223

Technical Sentiment Signal: Buy

Current Market Cap: A$495.3M

Find detailed analytics on ASL stock on TipRanks’ Stock Analysis page.

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