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An update from GreenX Metals ( (AU:GRX) ) is now available.
GreenX Metals Limited has announced a proposed placement of up to 16 million new fully paid ordinary shares, with an intended issue date of 5 February 2026. The capital raising will expand the company’s issued capital base and is expected to provide additional funding flexibility for its ongoing operations and project development activities, potentially strengthening its financial position and supporting its longer‑term growth strategy.
The most recent analyst rating on (AU:GRX) stock is a Hold with a A$0.99 price target. To see the full list of analyst forecasts on GreenX Metals stock, see the AU:GRX Stock Forecast page.
More about GreenX Metals
GreenX Metals Limited, listed on the ASX under the code GRX, operates in the metals and mining sector and is focused on developing and advancing its resource projects. The company raises capital on public markets to fund exploration, development and related corporate activities in support of its portfolio of metals assets.
Average Trading Volume: 81,617
Technical Sentiment Signal: Buy
Current Market Cap: A$297.8M
For a thorough assessment of GRX stock, go to TipRanks’ Stock Analysis page.