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Iris Metals Seeks Trading Halt Ahead of Capital Raising Announcement

Story Highlights
  • Iris Metals has entered a trading halt on the ASX pending a new market announcement.
  • The trading halt is linked to a planned capital raising that may reshape Iris Metals’ funding and projects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Iris Metals Seeks Trading Halt Ahead of Capital Raising Announcement

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The latest update is out from Iris Metals Limited ( (AU:IR1) ).

Iris Metals Limited has requested and been granted a trading halt on its securities on the ASX, effective from 30 January 2026, as it prepares a market announcement. The halt, which will remain in place until either 3 February 2026 or the release of the pending announcement, is tied to a planned capital raising program, signalling that the company is seeking fresh funding that could influence its balance sheet, future project development and the value proposition for existing shareholders.

The most recent analyst rating on (AU:IR1) stock is a Hold with a A$0.18 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 in the metals and mining sector, with its ordinary shares traded on the Australian Securities Exchange. The company operates under ASX Listing Rules and is subject to standard market compliance and disclosure requirements.

Average Trading Volume: 503,649

Technical Sentiment Signal: Sell

Current Market Cap: A$49.68M

Find detailed analytics on IR1 stock on TipRanks’ Stock Analysis page.

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