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Legacy Minerals Seeks ASX Quotation for Over 10.7 Million New Shares

Story Highlights
  • Legacy Minerals has applied to list 10,765,343 new fully paid ordinary shares on the ASX.
  • The expanded share base may enhance funding flexibility and market liquidity for the explorer.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Legacy Minerals Seeks ASX Quotation for Over 10.7 Million New Shares

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

Legacy Minerals Holdings Ltd has applied to the Australian Securities Exchange for quotation of 10,765,343 new fully paid ordinary shares under code LGM, with an issue date of 30 January 2026. The additional securities, arising from the exercise or conversion of existing options or convertible instruments, will expand the company’s quoted share base and may support future funding capacity and liquidity for investors as it advances its exploration and development activities.

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 Ltd is an ASX-listed resources company operating in the minerals exploration and mining sector. Trading under the ticker LGM, the company focuses on discovering and developing mineral assets, positioning itself within Australia’s broader mining and exploration industry.

Average Trading Volume: 523,463

Technical Sentiment Signal: Buy

Current Market Cap: A$41.18M

See more data about LGM stock on TipRanks’ Stock Analysis page.

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