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The latest announcement is out from MetalsTech Ltd ( (AU:MTC) ).
MetalsTech Limited has issued 17.7 million fully paid ordinary shares at 20.5 cents each, raising approximately $3.63 million as part of a broader $9.4 million placement previously announced. The new shares, which are of a class already quoted on the ASX, were issued on 20 January 2026 without a prospectus under Section 708A(5) of the Corporations Act, with the company confirming regulatory compliance and the absence of excluded information, thereby facilitating secondary trading for investors and reinforcing its access to capital markets.
The most recent analyst rating on (AU:MTC) stock is a Sell with a A$0.23 price target. To see the full list of analyst forecasts on MetalsTech Ltd stock, see the AU:MTC Stock Forecast page.
More about MetalsTech Ltd
MetalsTech Limited (ASX: MTC) is an Australian-listed resources company operating in the metals and mining sector, with its activities funded and supported through equity capital raisings on the ASX.
Average Trading Volume: 187,678
Technical Sentiment Signal: Buy
Current Market Cap: A$57.76M
For an in-depth examination of MTC stock, go to TipRanks’ Overview page.