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An update from Mt Monger Resources Ltd. ( (AU:MTM) ) is now available.
Metallium Limited has applied to the ASX for quotation of 714,286 new ordinary fully paid shares issued on 22 January 2026 as an incentive-based performance and retention bonus to a US-based employee. The move reflects the company’s use of equity-based compensation to retain and motivate key offshore personnel, modestly increasing the total shares on issue while aligning employee incentives with shareholder interests.
The most recent analyst rating on (AU:MTM) stock is a Hold with a A$0.92 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, listed on the ASX under the code MTM, operates within the resources sector, though this notice does not specify its particular commodity focus, projects or geographic operations. The company is publicly listed in Australia and issues ordinary fully paid shares as its primary equity security.
Average Trading Volume: 6,684,892
Technical Sentiment Signal: Buy
Current Market Cap: A$577.4M
For an in-depth examination of MTM stock, go to TipRanks’ Overview page.