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The latest announcement is out from Mt Monger Resources Ltd. ( (AU:MTM) ).
Metallium Limited has applied for quotation on the ASX of 1,407,143 new ordinary fully paid shares, with an issue date of May 21, 2026. The securities, issued under a previously announced transaction, will expand the company’s quoted capital base and may support ongoing funding needs, liquidity for investors and broader participation in its future activities.
The application, lodged as an Appendix 2A, confirms compliance with ASX requirements and formalizes the admission of these additional shares to trading. This step underscores Metallium’s continued use of equity markets to support its strategic and operational objectives, while modestly increasing the available free float for shareholders.
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 Australian-listed company on the ASX under the ticker MTM. The company issues ordinary fully paid shares and operates within the framework of ASX listing rules, indicating participation in the public capital markets to fund its corporate and project activities.
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.