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The latest announcement is out from Mt Monger Resources Ltd. ( (AU:MTM) ).
Metallium Limited has applied to the ASX for quotation of 595,238 fully paid ordinary shares issued on 2 February 2026 as remuneration for advisory services, signalling that the company is using equity to manage service fees without drawing on cash. The share-based payment reflects a non-cash capital management strategy that may help preserve liquidity while aligning advisors with shareholder outcomes, though it modestly dilutes existing investors by broadening the register.
The most recent analyst rating on (AU:MTM) stock is a Hold with a A$0.86 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 (ASX: MTM) is a resources company operating in the metals sector, providing exploration and development services focused on mineral projects.
Average Trading Volume: 6,691,596
Technical Sentiment Signal: Buy
Current Market Cap: A$617.2M
See more data about MTM stock on TipRanks’ Stock Analysis page.