Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Eastern Metals Limited ( (AU:EMS) ) has issued an announcement.
Eastern Metals Limited, which intends to rebrand as Raptor Metals Ltd, has lodged an application for admission to the official list of the Australian Securities Exchange as an ASX Listing. The company is seeking quotation for an estimated maximum of 602,713,123 fully paid ordinary shares at the commencement of trading, a step that would provide it with a listed platform for future capital raising and potentially enhance liquidity and market profile for its shareholder base.
The most recent analyst rating on (AU:EMS) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Eastern Metals Limited stock, see the AU:EMS Stock Forecast page.
More about Eastern Metals Limited
Eastern Metals Limited, to be renamed Raptor Metals Ltd, is an Australian company seeking admission to the official list of the Australian Securities Exchange (ASX). The company plans to have its fully paid ordinary shares quoted on ASX, positioning itself for broader capital market access and increased visibility among investors, although the specific industry and operations are not detailed in the filing.
Technical Sentiment Signal: Sell
See more insights into EMS stock on TipRanks’ Stock Analysis page.