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The latest update is out from Mt Monger Resources Ltd. ( (AU:MTM) ).
Metallium Limited has notified the ASX of a proposed issue of up to 1,407,143 ordinary fully paid shares under a placement or similar structure. The new securities, to be issued and quoted under ASX code MTM, are scheduled for issue on 21 May 2026, forming part of the company’s ongoing capital management and compliance with listing rules.
The company has lodged the required Appendix 3B, confirming its application for quotation of the new securities and its agreement to ASX listing rule obligations. While the announcement does not disclose pricing or use of proceeds, the additional equity will modestly expand Metallium’s share base and may provide incremental funding flexibility for future corporate activities.
The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.60 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 an ASX-listed company operating under the ticker MTM. The firm issues ordinary fully paid shares to support its corporate and capital management activities in the Australian market, though the specific industry and projects are not detailed in the filing.
Average Trading Volume: 3,364,121
Technical Sentiment Signal: Hold
Current Market Cap: A$364.7M
For a thorough assessment of MTM stock, go to TipRanks’ Stock Analysis page.