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Lodestar Minerals Seeks ASX Quotation for 13.1 Million New Shares

Story Highlights
  • Lodestar Minerals has applied to list 13.1 million new ordinary shares on the ASX.
  • The expanded quoted capital base supports funding flexibility but may dilute existing shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lodestar Minerals Seeks ASX Quotation for 13.1 Million New Shares

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

Lodestar Minerals has applied to the ASX for quotation of 13,118,264 new ordinary fully paid shares, designated under the ticker LSR. The securities, issued on March 19, 2026, expand the company’s quoted capital base and may support future funding flexibility and liquidity for shareholders.

The application follows prior disclosure of the underlying transactions in earlier market filings, indicating the issuance was part of previously announced corporate activity. The additional quoted shares could modestly dilute existing holdings but also signal continued progress in Lodestar’s capital management strategy and market engagement.

The most recent analyst rating on (AU:LSR) stock is a Sell 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 resources company focused on mineral exploration and development. The company’s ordinary fully paid shares trade on the ASX under the ticker LSR, giving investors exposure to its portfolio of exploration assets in the mining sector.

YTD Price Performance: 58.33%

Average Trading Volume: 14,755,636

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$21.85M

For an in-depth examination of LSR stock, go to TipRanks’ Overview page.

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