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Legacy Minerals Seeks ASX Quotation for 2.2 Million New Shares

Story Highlights
  • Legacy Minerals Holdings Ltd applied to quote 2,208,860 new ordinary shares on the ASX.
  • The additional LGM shares expand the company’s quoted capital base and may boost investor liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Legacy Minerals Seeks ASX Quotation for 2.2 Million New Shares

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Legacy Minerals Holdings Ltd. ( (AU:LGM) ) just unveiled an update.

Legacy Minerals Holdings Ltd has applied to the ASX for quotation of 2,208,860 additional ordinary fully paid shares under the code LGM, with an issue date of 13 January 2026. The new securities, arising from the exercise or conversion of existing instruments, will expand the company’s quoted share capital and marginally increase liquidity for investors, reflecting ongoing capital structuring typical for exploration-focused resource companies.

The most recent analyst rating on (AU:LGM) stock is a Hold with a A$0.22 price target. To see the full list of analyst forecasts on Legacy Minerals Holdings Ltd. stock, see the AU:LGM Stock Forecast page.

More about Legacy Minerals Holdings Ltd.

Legacy Minerals Holdings Ltd is an ASX-listed resources company engaged in mineral exploration and development, focusing on identifying and advancing mining projects, with its ordinary fully paid shares trading under the ticker LGM on the Australian Securities Exchange.

Average Trading Volume: 428,662

Technical Sentiment Signal: Buy

Current Market Cap: A$37.91M

For detailed information about LGM stock, go to TipRanks’ Stock Analysis page.

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