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Metalicity Limited ( (AU:ARI) ) has shared an announcement.
Arika Resources Limited has applied to the ASX for quotation of 906,950 new ordinary fully paid shares, issued on 5 January 2026. The additional securities arise from the exercise or conversion of existing options or other convertible instruments, modestly expanding the company’s quoted share capital and slightly diluting existing holdings while potentially strengthening its equity base.
The most recent analyst rating on (AU:ARI) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Metalicity Limited stock, see the AU:ARI Stock Forecast page.
More about Metalicity Limited
Arika Resources Limited (ASX: ARI) is a listed resources company, though this filing provides no additional detail on its specific commodities, projects or geographic focus.
Average Trading Volume: 2,685,066
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$35.73M
For detailed information about ARI stock, go to TipRanks’ Stock Analysis page.