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Coda Minerals Applies for Quotation of Additional Ordinary Shares on ASX

Story Highlights
  • Coda Minerals has requested ASX quotation for 2,104 new fully paid ordinary shares.
  • The minor share issuance reflects conversion of existing securities and slightly expands the quoted capital base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Coda Minerals Applies for Quotation of Additional Ordinary Shares on ASX

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Coda Minerals Ltd ( (AU:COD) ) has shared an update.

Coda Minerals Ltd has applied to the ASX for quotation of 2,104 new fully paid ordinary shares (code: COD), following the exercise or conversion of existing options or other convertible securities. The small issuance marginally increases the company’s quoted capital base but does not materially alter its market position, serving primarily as an administrative update to reflect previously granted equity being converted into listed shares.

The most recent analyst rating on (AU:COD) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Coda Minerals Ltd stock, see the AU:COD Stock Forecast page.

More about Coda Minerals Ltd

Average Trading Volume: 819,189

Technical Sentiment Signal: Buy

Current Market Cap: A$65.1M

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

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