Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Ballard Mining Limited ( (AU:BM1) ) has issued an announcement.
Ballard Mining Limited has issued 76,250,000 fully paid ordinary shares at $0.80 per share via a placement completed on 2 February 2026, following an earlier announcement of the capital raising. The company has confirmed that the shares were issued without a prospectus under the relevant Corporations Act provisions and that it remains compliant with its financial reporting and continuous disclosure obligations, signalling regulatory adherence and providing transparency for investors regarding the new equity issuance.
The most recent analyst rating on (AU:BM1) stock is a Buy with a A$1.05 price target. To see the full list of analyst forecasts on Ballard Mining Limited stock, see the AU:BM1 Stock Forecast page.
More about Ballard Mining Limited
Ballard Mining Limited (ASX: BM1) is an Australian-listed mining company based in West Perth, Western Australia, operating in the resources sector and focused on exploration and development activities within the mining industry.
Average Trading Volume: 775,047
Technical Sentiment Signal: Strong Buy
See more insights into BM1 stock on TipRanks’ Stock Analysis page.