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The latest announcement is out from Iris Metals Limited ( (AU:IR1) ).
Iris Metals Limited has applied to the ASX for quotation of 5,341,878 new fully paid ordinary shares, with an issue date of 19 January 2026. The additional securities, issued under a previously announced transaction, will expand the company’s quoted share capital and may enhance its liquidity and funding flexibility as it advances its mineral exploration and development activities.
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
Iris Metals Limited (ASX: IR1) is an Australian-listed company operating in the metals and resources sector, with its primary business focused on the exploration and development of mineral assets. The company seeks to progress its projects through capital market activities on the ASX to fund ongoing exploration and growth initiatives.
Average Trading Volume: 595,702
Technical Sentiment Signal: Sell
Current Market Cap: A$47.3M
For an in-depth examination of IR1 stock, go to TipRanks’ Overview page.