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Lodestar Minerals Seeks ASX Quotation for 8.3 Million New Shares

Story Highlights
  • Lodestar Minerals is issuing 8,333,334 new fully paid ordinary shares on the ASX.
  • The new share quotation modestly expands Lodestar’s capital base and may improve market liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lodestar Minerals Seeks ASX Quotation for 8.3 Million New Shares

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An update from Lodestar Minerals ( (AU:LSR) ) is now available.

Lodestar Minerals has applied to the ASX for quotation of 8,333,334 new fully paid ordinary shares, expanding its listed securities under code LSR. The issuance, tied to a previously flagged transaction, modestly increases the company’s share capital and free float, potentially enhancing liquidity for investors and signalling ongoing capital or project-related activity that may support future operational or strategic initiatives.

More about Lodestar Minerals

YTD Price Performance: -7.14%

Average Trading Volume: 12,527,322

Technical Sentiment Signal: Sell

Current Market Cap: A$14.22M

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

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