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Legacy Minerals Holdings Ltd. ( (AU:LGM) ) has provided an update.
Legacy Minerals Holdings Limited has applied to the ASX for quotation of an additional 8.76 million ordinary fully paid shares, issued between 22 and 27 January 2026 following the exercise of options or conversion of other securities. The expanded share base reflects progressing financing or incentive arrangements and modest equity dilution for existing shareholders, and positions the company with increased quoted capital that may support ongoing exploration, development activities and market liquidity for its securities.
The most recent analyst rating on (AU:LGM) stock is a Hold with a A$0.24 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 Limited is an Australian-listed resources company trading on the ASX under the code LGM. The company operates in the minerals exploration and mining sector, focusing on the discovery and development of mineral assets to supply global commodities markets.
Average Trading Volume: 483,397
Technical Sentiment Signal: Buy
Current Market Cap: A$39.73M
For a thorough assessment of LGM stock, go to TipRanks’ Stock Analysis page.