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The latest announcement is out from Metalsgrove Mining Ltd. ( (AU:MGA) ).
Metalsgrove Mining Ltd has applied to the ASX for quotation of 18,678,330 new ordinary fully paid shares, with an issue date of 30 January 2026, under an Appendix 2A filing. The additional securities, which follow a previously announced transaction under an Appendix 3B, will expand the company’s quoted share capital and may influence its market liquidity and ownership structure once trading begins.
The most recent analyst rating on (AU:MGA) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Metalsgrove Mining Ltd. stock, see the AU:MGA Stock Forecast page.
More about Metalsgrove Mining Ltd.
Metalsgrove Mining Ltd is an Australian-listed resources company trading under the ASX code MGA. The company operates in the mining and exploration sector, with its ordinary fully paid shares quoted on the Australian Securities Exchange, providing investors exposure to the metals and mining industry.
Average Trading Volume: 171,398
Technical Sentiment Signal: Buy
Current Market Cap: A$11.2M
For an in-depth examination of MGA stock, go to TipRanks’ Overview page.