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Boab Metals Seeks ASX Quotation for 735,484 New Ordinary Shares

Story Highlights
  • Boab Metals is listing 735,484 new ordinary fully paid shares on the ASX.
  • The new shares stem from exercised or converted securities, slightly expanding capital and liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Boab Metals Seeks ASX Quotation for 735,484 New Ordinary Shares

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An update from Boab Metals Ltd ( (AU:BML) ) is now available.

Boab Metals Limited has applied for quotation on the ASX of 735,484 new ordinary fully paid shares, to trade under its existing ticker BML. The additional securities arise from the exercise or conversion of existing options or other convertible securities, modestly increasing the company’s issued capital base and potentially enhancing liquidity for shareholders once the new shares commence trading.

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: 4,786,323

Technical Sentiment Signal: Buy

Current Market Cap: A$292.8M

See more insights into BML stock on TipRanks’ Stock Analysis page.

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