tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Iris Metals Seeks ASX Quotation for 500,000 New Ordinary Shares

Story Highlights
  • Iris Metals has applied to list 500,000 new fully paid ordinary shares on the ASX.
  • The additional shares, issued via option or convertible exercises, modestly expand market liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Iris Metals Seeks ASX Quotation for 500,000 New Ordinary Shares

Claim 50% Off TipRanks Premium

Iris Metals Limited ( (AU:IR1) ) has provided an update.

Iris Metals Limited has applied to the ASX for quotation of an additional 500,000 fully paid ordinary shares, to be traded under its existing ticker IR1. The new securities, issued on 19 January 2026 following the exercise or conversion of existing options or other convertible instruments, modestly expand the company’s quoted capital base and may incrementally enhance liquidity for shareholders without indicating any broader change to its operations or strategy.

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: 595,702

Technical Sentiment Signal: Sell

Current Market Cap: A$47.3M

For a thorough assessment of IR1 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1