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Beacon Minerals Seeks Quotation for Nearly 2 Million New Shares on ASX

Story Highlights
  • Beacon Minerals has applied to list 1,955,054 new ordinary fully paid shares on the ASX.
  • The additional quoted shares expand Beacon’s capital base and may support funding for ongoing mining operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Beacon Minerals Seeks Quotation for Nearly 2 Million New Shares on ASX

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Beacon Minerals ( (AU:BCN) ) has provided an update.

Beacon Minerals Limited has applied for quotation on the ASX of 1,955,054 additional ordinary fully paid shares, with an issue date of 30 January 2026. The new securities, arising from the exercise or conversion of existing instruments, will modestly increase the company’s listed share base and may provide additional capital or liquidity to support its ongoing mining operations and growth plans.

The most recent analyst rating on (AU:BCN) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.

More about Beacon Minerals

Beacon Minerals Limited is an Australia-listed mining company focused on gold exploration and production, with its ordinary fully paid shares traded on the ASX under the code BCN.

Average Trading Volume: 85,962

Technical Sentiment Signal: Buy

Current Market Cap: A$452.4M

Learn more about BCN stock on TipRanks’ Stock Analysis page.

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