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Lindian Resources Limited ( (AU:LIN) ) just unveiled an update.
Lindian Resources Limited has announced a proposed issue of up to 133,333,334 fully paid ordinary shares as part of a placement or similar capital-raising initiative. The new securities are scheduled for issue on 13 April 2026, indicating the company is seeking additional equity funding that could support its ongoing exploration and development activities while diluting existing shareholders’ stakes.
The most recent analyst rating on (AU:LIN) stock is a Hold with a A$0.70 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 is an Australian-listed company in the resources sector, trading on the ASX under the code LIN. The company is involved in the exploration and development of mineral resource projects, positioning itself within the broader mining and commodities industry.
Average Trading Volume: 9,283,594
Technical Sentiment Signal: Buy
Current Market Cap: A$1.48B
Find detailed analytics on LIN stock on TipRanks’ Stock Analysis page.