Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Cobre Limited ( (AU:CBE) ) just unveiled an announcement.
Cobre Limited has applied to the Australian Securities Exchange for quotation of 1,792,863 new fully paid ordinary shares, to be issued under the company’s existing ASX code CBE on 30 January 2026. The additional securities, arising from the exercise or conversion of existing options or other convertible instruments, will expand Cobre’s quoted share capital and may modestly increase trading liquidity, though the announcement provides no further operational or strategic details for investors or other stakeholders.
The most recent analyst rating on (AU:CBE) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Cobre Limited stock, see the AU:CBE Stock Forecast page.
More about Cobre Limited
Average Trading Volume: 1,283,762
Technical Sentiment Signal: Buy
Current Market Cap: A$83.5M
Learn more about CBE stock on TipRanks’ Stock Analysis page.