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Lindian Resources Limited ( (AU:LIN) ) has shared an update.
Lindian Resources Limited has issued a total of 296,925,951 fully paid ordinary shares, including 1,000,000 shares from the conversion of incentive rights, as part of the second tranche of a placement announced in August 2025. This issuance, conducted without disclosure to investors under the Corporations Act, signifies the company’s compliance with relevant legal provisions and indicates no undisclosed information that could affect investor decisions, potentially strengthening its market position.
The most recent analyst rating on (AU:LIN) stock is a Buy with a A$0.89 price target. To see the full list of analyst forecasts on Lindian Resources Limited stock, see the AU:LIN Stock Forecast page.
More about Lindian Resources Limited
Lindian Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange under the ticker ASX: LIN.
YTD Price Performance: 182.05%
Average Trading Volume: 5,935,948
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$295.3M
See more data about LIN stock on TipRanks’ Stock Analysis page.