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Metro Mining Limited ( (AU:MMI) ) has provided an announcement.
Metro Mining Limited has announced a security consolidation affecting its ordinary fully paid shares and performance rights, both quoted on the ASX under codes MMI and MMIAO. The consolidation follows the timetable framework set by the exchange and is subject to shareholder approval at the company’s 2026 annual general meeting.
Under the proposed timetable, trading in the post-consolidation securities on a deferred settlement basis is scheduled to begin on 24 April 2026, with the record date set for 27 April 2026. New consolidated securities are expected to be issued on 4 May 2026, a move that will restructure the company’s capital base and may influence liquidity and pricing for existing investors.
The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.15 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.
More about Metro Mining Limited
Metro Mining Limited is an ASX-listed company, trading under the code MMI. It has ordinary fully paid shares on issue as well as performance rights, both of which are subject to the announced security consolidation. The company operates within the listed securities market and is governed by Australian corporate and securities regulations.
Average Trading Volume: 12,006,390
Technical Sentiment Signal: Buy
Current Market Cap: A$417.9M
Find detailed analytics on MMI stock on TipRanks’ Stock Analysis page.