tiprankstipranks
Advertisement
Advertisement

Lodestar Minerals Issues 600,000 Unquoted Options Expiring in 2029

Story Highlights
  • Lodestar Minerals has issued 600,000 unquoted options exercisable at $0.045 each.
  • The new options expand Lodestar’s incentive securities and may affect future capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lodestar Minerals Issues 600,000 Unquoted Options Expiring in 2029

Claim 55% Off TipRanks

Lodestar Minerals ( (AU:LSR) ) has provided an update.

Lodestar Minerals has notified the ASX of the issue of 600,000 unquoted options, exercisable at $0.045 and expiring on 31 January 2029, under the security code LSRAF. The issuance, previously flagged to the market, slightly enlarges the company’s pool of unquoted equity-based incentives and may influence future capital structure and potential dilution for existing shareholders if the options are exercised.

The most recent analyst rating on (AU:LSR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Lodestar Minerals stock, see the AU:LSR Stock Forecast page.

More about Lodestar Minerals

Lodestar Minerals Limited is an Australian-listed exploration company in the minerals and resources sector, focused on discovering and advancing mineral deposits, with its securities traded on the ASX under the code LSR.

YTD Price Performance: -8.33%

Average Trading Volume: 9,950,763

Technical Sentiment Signal: Sell

Current Market Cap: A$12.64M

See more insights into LSR stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1