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Matsa Resources Limited ( (AU:MAT) ) has shared an update.
Matsa Resources Limited has applied for the quotation on the ASX of 5,335,852 new fully paid ordinary shares, issued on 28 January 2026, following the exercise of options or conversion of other securities. The additional listing of these shares modestly expands the company’s issued capital base, potentially enhancing liquidity for existing shareholders and supporting Matsa’s capacity to fund ongoing exploration and development activities within the resources sector.
The most recent analyst rating on (AU:MAT) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Matsa Resources Limited stock, see the AU:MAT Stock Forecast page.
More about Matsa Resources Limited
Matsa Resources Limited is an Australian-listed company in the resources sector, trading on the ASX under the code MAT. The company is involved in the exploration and development of mineral resources, with its activities focused on identifying and advancing resource projects within Australia.
Average Trading Volume: 2,032,430
Technical Sentiment Signal: Buy
Current Market Cap: A$142.6M
See more insights into MAT stock on TipRanks’ Stock Analysis page.