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Lodestar Minerals ( (AU:LSR) ) has issued an announcement.
Lodestar Minerals has applied to the ASX for quotation of 255,574 new ordinary fully paid shares, following the exercise or conversion of existing options or other convertible securities. The modest increase in quoted securities slightly expands the company’s share base and may reflect ongoing investor participation in its capital structure, though it is not a transformational change for existing shareholders.
The most recent analyst rating on (AU:LSR) stock is a Hold with a A$0.02 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 it access to public equity markets for funding its exploration activities.
YTD Price Performance: 66.67%
Average Trading Volume: 23,548,715
Technical Sentiment Signal: Sell
Current Market Cap: A$23.26M
For an in-depth examination of LSR stock, go to TipRanks’ Overview page.