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The latest announcement is out from Iris Metals Limited ( (AU:IR1) ).
Iris Metals Limited has issued 303,030 unquoted options with an exercise price of $0.2475, expiring on 10 February 2029, under the ASX code IR1AAO. The new options, which are not intended to be quoted on the ASX, form part of previously announced equity arrangements and marginally expand the company’s capital structure, potentially aligning stakeholder incentives and supporting future funding flexibility.
The most recent analyst rating on (AU:IR1) stock is a Sell with a A$0.10 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 Limited is an ASX-listed resources company focused on mineral exploration and development. The company participates in the mining and metals sector, using equity-based incentives and financing tools typical for exploration-stage and growth-focused resource firms.
Average Trading Volume: 455,706
Technical Sentiment Signal: Sell
Current Market Cap: A$24.84M
Find detailed analytics on IR1 stock on TipRanks’ Stock Analysis page.