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The latest update is out from Mt Monger Resources Ltd. ( (AU:MTM) ).
Metallium Limited has issued 1,216,450 new fully paid ordinary shares, comprising 1,000,000 shares from the conversion of unlisted options and a further 216,450 shares at a deemed price of $0.924, and has lodged the necessary cleansing notice to allow these securities to be traded without a prospectus. The company confirms it is fully compliant with relevant Australian corporate reporting and continuous disclosure obligations and states there is no undisclosed information material to assessing its financial position, prospects, or the rights attached to the new shares, providing regulatory clarity for existing and potential investors.
The most recent analyst rating on (AU:MTM) stock is a Hold with a A$0.85 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.
More about Mt Monger Resources Ltd.
Metallium Limited is a technology-focused metals recovery company that uses its patented Flash Joule Heating process to extract critical and precious metals, including gallium, germanium, antimony, rare earth elements, and gold, from mineral concentrates and high-grade waste streams such as refinery scrap, e-waste, and monazite. The company is aligned with U.S. strategic supply chain priorities and has secured its first commercial site in Texas through its subsidiary Flash Metals USA Inc., positioning it for near-term production and revenue generation.
Average Trading Volume: 6,843,050
Technical Sentiment Signal: Buy
Current Market Cap: A$610.6M
See more data about MTM stock on TipRanks’ Stock Analysis page.