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Cosmo Metals Limited ( (AU:CMO) ) has shared an update.
Cosmo Metals Limited has announced a non-renounceable pro rata issue to its existing shareholders, proposing to issue up to 155,088,121 new fully paid ordinary shares and 38,772,030 options exercisable at $0.015 and expiring on 3 April 2028. The capital raising, structured as a standard pro rata entitlement offer with key dates set in February and March 2026, is intended to expand the company’s equity base and could provide additional funding flexibility, potentially supporting future operational activities and strengthening its position on the ASX for current and prospective investors.
The most recent analyst rating on (AU:CMO) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Cosmo Metals Limited stock, see the AU:CMO Stock Forecast page.
More about Cosmo Metals Limited
Average Trading Volume: 1,480,274
Technical Sentiment Signal: Sell
Current Market Cap: A$5.43M
See more insights into CMO stock on TipRanks’ Stock Analysis page.