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Iris Metals Limited ( (AU:IR1) ) has provided an update.
IRIS Metals has notified the market of the upcoming expiry of 500,000 unlisted options, each exercisable at $0.00 and scheduled to expire on 24 April 2026. Holders who wish to exercise must submit completed option exercise forms and payment by the deadline, a process that could modestly affect the company’s capital structure and share base depending on the level of participation.
The most recent analyst rating on (AU:IR1) stock is a Sell with a A$0.13 price target. To see the full list of analyst forecasts on Iris Metals Limited stock, see the AU:IR1 Stock Forecast page.
More about Iris Metals Limited
IRIS Metals Ltd is an exploration company focused on pegmatite-hosted critical minerals, including lithium, rubidium, caesium, tantalum and beryllium, in South Dakota, U.S. The company’s large project area in a mining-friendly U.S. jurisdiction positions it to benefit from growing demand for battery metals and government incentives for domestically sourced critical minerals.
Average Trading Volume: 553,455
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$31.05M
Find detailed analytics on IR1 stock on TipRanks’ Stock Analysis page.