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Centaurus Metals Seeks ASX Quotation for Additional Ordinary Shares

Story Highlights
  • Centaurus Metals has applied to quote 5,969 new ordinary fully paid shares on the ASX.
  • The small share issue slightly increases the company’s free float and may modestly affect liquidity and capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Centaurus Metals Seeks ASX Quotation for Additional Ordinary Shares

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Centaurus Metals Limited ( (AU:CTM) ) has shared an update.

Centaurus Metals Limited has applied to the ASX for quotation of 5,969 new ordinary fully paid shares, following the exercise or conversion of existing options or other convertible securities. While a relatively small issue in scale, the additional quoted securities modestly increase the company’s free float and may marginally influence liquidity and capital structure for existing shareholders.

The most recent analyst rating on (AU:CTM) stock is a Hold with a A$0.65 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

Average Trading Volume: 1,323,062

Technical Sentiment Signal: Hold

Current Market Cap: A$335.1M

For a thorough assessment of CTM stock, go to TipRanks’ Stock Analysis page.

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