Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Lindian Resources Limited ( (AU:LIN) ) just unveiled an announcement.
Lindian Resources Limited has announced the issuance of 3,500,000 fully paid ordinary shares following the conversion of options exercisable at $0.10 before 29 August 2025. This move, executed without disclosure to investors under Part 6D.2 of the Corporations Act, indicates the company’s compliance with relevant legislative provisions and suggests a strategic step in enhancing its financial position.
The most recent analyst rating on (AU:LIN) stock is a Buy with a A$0.93 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 (ASX) under the ticker LIN.
Average Trading Volume: 4,455,259
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$266.3M
See more insights into LIN stock on TipRanks’ Stock Analysis page.