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Ballard Mining Limited ( (AU:BM1) ) has issued an update.
Ballard Mining Limited has announced that 29,453,592 fully paid ordinary shares will be released from voluntary escrow on 9 January 2026. These shares are collectively held by three entities that became shareholders through the in-specie distribution of Ballard shares to eligible shareholders of Delta Lithium Limited as part of Ballard’s IPO process, and their release will increase the volume of freely tradable stock on the market, potentially impacting liquidity and trading dynamics for existing and new investors.
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 Australian resources company listed on the ASX under the code BM1, operating in the mining sector and focused on mineral exploration and development opportunities for shareholders following its establishment via an in-specie distribution from Delta Lithium Limited.
Average Trading Volume: 837,112
Technical Sentiment Signal: Strong Buy
Find detailed analytics on BM1 stock on TipRanks’ Stock Analysis page.