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Boab Metals Seeks ASX Quotation for 3.4 Million New Shares

Story Highlights
  • Boab Metals has applied to quote 3.4 million new ordinary shares on the ASX.
  • The new shares arise from exercised or converted securities, modestly expanding Boab’s equity base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Boab Metals Seeks ASX Quotation for 3.4 Million New Shares

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The latest announcement is out from Boab Metals Ltd ( (AU:BML) ).

Boab Metals Limited has applied to the ASX for quotation of 3.4 million new ordinary fully paid shares, to be traded under its existing ticker BML. The additional securities, issued on 2 February 2026 following the exercise or conversion of existing options or other convertible instruments, modestly increase the company’s share base and provide it with additional equity capital, with potential implications for shareholder dilution and future funding flexibility.

The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.58 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.

More about Boab Metals Ltd

Average Trading Volume: 4,534,646

Technical Sentiment Signal: Buy

Current Market Cap: A$292.8M

See more data about BML stock on TipRanks’ Stock Analysis page.

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