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Medallion Metals Seeks ASX Quotation for 15.2 Million New Shares

Story Highlights
  • Medallion Metals applied to the ASX to quote 15,151,515 new ordinary shares.
  • The additional shares expand Medallion’s quoted capital, affecting dilution, liquidity and funding flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Medallion Metals Seeks ASX Quotation for 15.2 Million New Shares

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Medallion Metals Ltd ( (AU:MM8) ) has shared an update.

Medallion Metals Ltd has applied to the ASX for quotation of 15,151,515 new ordinary fully paid shares under its issuer code MM8. The new securities, issued on 23 January 2026, expand the company’s quoted share capital, potentially affecting ownership dilution, liquidity in the stock and the company’s capacity to fund ongoing activities, though no further context on the use of proceeds was disclosed in the filing.

The most recent analyst rating on (AU:MM8) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Medallion Metals Ltd stock, see the AU:MM8 Stock Forecast page.

More about Medallion Metals Ltd

Average Trading Volume: 1,317,379

Technical Sentiment Signal: Buy

Current Market Cap: A$359.5M

For a thorough assessment of MM8 stock, go to TipRanks’ Stock Analysis page.

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