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An announcement from Matsa Resources Limited ( (AU:MAT) ) is now available.
Matsa Resources Limited has lodged an application with the ASX for quotation of 2,010,925 new fully paid ordinary shares, issued on 20 January 2026 following the exercise or conversion of existing options or other convertible securities. The additional share quotation modestly expands Matsa’s issued capital base, signalling the conversion of derivative securities into equity and potentially improving liquidity in the company’s stock for existing and prospective investors.
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 resource projects, positioning itself within the broader mining and exploration industry.
Average Trading Volume: 2,035,455
Technical Sentiment Signal: Buy
Current Market Cap: A$128M
See more data about MAT stock on TipRanks’ Stock Analysis page.