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Centaurus Metals Seeks ASX Quotation for Additional 124,998 Shares

Story Highlights
  • Centaurus Metals has applied to quote 124,998 new ordinary shares on the ASX.
  • The additional shares arise from exercised convertible securities, slightly expanding Centaurus’s tradable equity base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Centaurus Metals Seeks ASX Quotation for Additional 124,998 Shares

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Centaurus Metals Limited ( (AU:CTM) ) has provided an announcement.

Centaurus Metals Limited has applied to the ASX for quotation of 124,998 new ordinary fully paid shares, following the exercise or conversion of existing options or other convertible securities. The modest increase in quoted securities marginally expands the company’s issued capital base and reflects ongoing utilisation of equity-linked incentives, with limited immediate impact on ownership structure but incremental enhancement of the company’s tradable share pool.

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

More about Centaurus Metals Limited

Centaurus Metals Limited is an Australia-listed mining company focused on the exploration and development of mineral resources, with its ordinary fully paid shares trading on the ASX under the ticker CTM.

Average Trading Volume: 1,189,398

Technical Sentiment Signal: Buy

Current Market Cap: A$360.2M

For an in-depth examination of CTM stock, go to TipRanks’ Overview page.

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