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Lake Resources N.L. ( (AU:LKE) ) has provided an update.
Lake Resources N.L. has lodged an application with the ASX for quotation of 8,340,913 new fully paid ordinary shares, with an issue date of 20 January 2026. The additional shares, which arise from the exercise or conversion of existing options or other convertible securities, will expand the company’s quoted capital base and may modestly enhance its liquidity and financing flexibility in the market.
The most recent analyst rating on (AU:LKE) stock is a Sell with a A$0.10 price target. To see the full list of analyst forecasts on Lake Resources N.L. stock, see the AU:LKE Stock Forecast page.
More about Lake Resources N.L.
Lake Resources N.L. is an Australian-listed company (ASX: LKE) operating in the resources sector, with its primary business focused on the exploration and development of mineral resources. The company’s securities are traded on the Australian Securities Exchange under the code LKE, reflecting its participation in capital markets to fund and advance its projects.
YTD Price Performance: -12.50%
Average Trading Volume: 34,868,858
Technical Sentiment Signal: Buy
Current Market Cap: A$237.9M
See more data about LKE stock on TipRanks’ Stock Analysis page.