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Iris Metals Limited ( (AU:IR1) ) has provided an update.
Iris Metals Limited has notified the market that 500,000 listed options (ASX code IR1AK), exercisable at $1.20 and due to expire on 31 January 2026, have lapsed unexercised. The expiry of these options slightly reduces the company’s potential future dilution from option conversion but does not immediately affect its current issued share capital, representing a routine adjustment to its capital structure disclosed in line with ASX requirements.
The most recent analyst rating on (AU:IR1) stock is a Hold with a A$0.19 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
Average Trading Volume: 480,190
Technical Sentiment Signal: Sell
Current Market Cap: A$48.43M
See more insights into IR1 stock on TipRanks’ Stock Analysis page.