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DevEx Resources Ltd ( (AU:DEV) ) has shared an announcement.
DevEx Resources Limited has applied to the ASX for quotation of 47,700,097 new fully paid ordinary shares under the code DEV, following their issue on 30 December 2025. The additional securities, issued pursuant to a previously announced transaction, will expand the company’s quoted capital base and may have implications for existing shareholders through increased share liquidity and potential dilution, depending on the terms of the prior capital raising or transaction.
The most recent analyst rating on (AU:DEV) stock is a Hold with a A$0.19 price target. To see the full list of analyst forecasts on DevEx Resources Ltd stock, see the AU:DEV Stock Forecast page.
More about DevEx Resources Ltd
YTD Price Performance: 80.85%
Average Trading Volume: 1,137,154
Technical Sentiment Signal: Hold
Current Market Cap: A$93.86M
Learn more about DEV stock on TipRanks’ Stock Analysis page.