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NICO Resources Limited ( (AU:NC1) ) has issued an update.
NICO Resources Limited has lodged an Appendix 3B with the ASX detailing a proposed issue of up to 12,435,846 fully paid ordinary shares under a placement or similar capital-raising structure, with an intended issue date of 27 January 2026. The move signals the company’s intention to raise additional equity capital, which could strengthen its balance sheet and provide funding flexibility for future activities, while potentially diluting existing shareholders depending on pricing and final take-up of the new securities.
The most recent analyst rating on (AU:NC1) stock is a Hold with a A$0.35 price target. To see the full list of analyst forecasts on NICO Resources Limited stock, see the AU:NC1 Stock Forecast page.
More about NICO Resources Limited
Average Trading Volume: 230,880
Technical Sentiment Signal: Buy
Current Market Cap: A$41.04M
See more insights into NC1 stock on TipRanks’ Stock Analysis page.