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Ballard Mining Limited ( (AU:BM1) ) has provided an announcement.
Ballard Mining Limited has applied to the Australian Securities Exchange for quotation of 76,250,000 new fully paid ordinary shares under the code BM1, with an issue date of 2 February 2026. The move significantly expands the company’s quoted share base and underscores its ongoing use of equity capital markets, with potential implications for its capital structure, liquidity and funding capacity as it advances its mining-related objectives.
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 is an Australia-listed resources company trading on the ASX under the ticker BM1. While the specific commodities or projects are not detailed in this filing, the company operates in the mining sector and accesses public equity markets to fund its activities and growth plans.
Average Trading Volume: 775,047
Technical Sentiment Signal: Strong Buy
See more data about BM1 stock on TipRanks’ Stock Analysis page.