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Desert Metals Ltd. ( (AU:DM1) ) just unveiled an update.
Desert Metals Ltd has applied to the ASX for quotation of 128,307,692 new fully paid ordinary shares under the code DM1, with an issue date of 27 January 2026. The move increases the company’s quoted capital base and reflects the formal listing of securities previously flagged to the market, potentially enhancing liquidity for investors and providing Desert Metals with a broader platform to support future corporate and capital management initiatives.
The most recent analyst rating on (AU:DM1) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Desert Metals Ltd. stock, see the AU:DM1 Stock Forecast page.
More about Desert Metals Ltd.
Average Trading Volume: 866,246
Technical Sentiment Signal: Sell
Current Market Cap: A$5.75M
For detailed information about DM1 stock, go to TipRanks’ Stock Analysis page.