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Heavy Minerals Ltd ( (AU:HVY) ) has provided an update.
Heavy Minerals Limited announced the issuance of 60,000 fully paid ordinary shares as of December 1, 2025, without disclosure to investors under the Corporations Act. This move aligns with the company’s compliance with relevant provisions of the Corporations Act, potentially impacting its market operations and stakeholder interests by enhancing its capital structure.
The most recent analyst rating on (AU:HVY) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Heavy Minerals Ltd stock, see the AU:HVY Stock Forecast page.
More about Heavy Minerals Ltd
Heavy Minerals Limited is an Australian listed industrial mineral exploration company focusing on projects that are prospective for minerals such as Garnet, Zircon, Rutile, and Ilmenite. The company’s primary projects include the Port Gregory and Red Hill Garnet Projects in Western Australia, with significant measured, indicated, and inferred mineral resources. Additionally, the company has the Inhambane Heavy Mineral Project in Mozambique, which contains an ilmenite-dominated inferred mineral resource.
Average Trading Volume: 78,217
Technical Sentiment Signal: Buy
Learn more about HVY stock on TipRanks’ Stock Analysis page.