Dreadnought Resources Seeks ASX Quotation for Over 82 Million New Shares

Dreadnought Resources Limited ( (AU:DRE) ) has provided an update.

Dreadnought Resources Ltd has applied for quotation on the ASX of 82,682,358 ordinary fully paid shares, with an issue date of March 31, 2026. The new securities, which arise from previously announced transactions, will expand the company’s quoted share base and may affect liquidity and ownership structure for existing and prospective investors.

The most recent analyst rating on (AU:DRE) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Dreadnought Resources Limited stock, see the AU:DRE Stock Forecast page.

More about Dreadnought Resources Limited

Dreadnought Resources Ltd is an Australia-listed company in the resources sector, trading on the ASX under the code DRE. The company issues ordinary fully paid shares to support its activities, reflecting its participation in the broader Australian mining and exploration investment market.

Average Trading Volume: 5,164,218

Technical Sentiment Signal: Sell

Current Market Cap: A$101.6M

Learn more about DRE stock on TipRanks’ Stock Analysis page.