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Iris Metals Limited ( (AU:IR1) ) has shared an update.
Iris Metals Limited has lodged an application with the ASX for quotation of 32,727,276 ordinary fully paid shares. The new securities, issued on 10 February 2026, will be admitted to trading under the company’s existing IR1 ticker, expanding its quoted share capital and potentially increasing market liquidity for investors.
The application indicates these shares arise from previously announced transactions, formalising their transition to fully tradeable status on the exchange. The enlarged pool of quoted securities may broaden the company’s shareholder base and could support future capital management or strategic initiatives, depending on how the market responds to the increased float.
The most recent analyst rating on (AU:IR1) stock is a Hold with a A$0.15 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 Australian-listed company on the ASX under the code IR1. The firm operates in the resources sector, with its ordinary fully paid shares traded publicly, giving investors exposure to its metals-focused activities and growth prospects in the Australian market.
Average Trading Volume: 463,546
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$38.5M
For an in-depth examination of IR1 stock, go to TipRanks’ Overview page.