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Medallion Metals Ltd ( (AU:MM8) ) has issued an announcement.
Medallion Metals Ltd has applied to the ASX for quotation of 151,515,151 new ordinary fully paid shares under the code MM8, with an issue date of 22 December 2025. The sizeable new share issuance, lodged via an Appendix 2A, expands the company’s quoted capital base and may affect ownership structure and liquidity, marking a notable capital markets move that existing and prospective shareholders will weigh in terms of dilution and funding capacity.
The most recent analyst rating on (AU:MM8) stock is a Hold with a A$0.42 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
Medallion Metals Ltd is an Australian-listed company on the ASX under the code MM8. While this announcement does not describe its operations, the company is part of the resources sector and typically focuses on exploration and development activities in mining and related assets for investors in the Australian market.
Average Trading Volume: 1,357,442
Technical Sentiment Signal: Buy
Current Market Cap: A$242.3M
See more insights into MM8 stock on TipRanks’ Stock Analysis page.