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Norwest Minerals Ltd. ( (AU:NWM) ) has provided an update.
Norwest Minerals Limited has applied to the ASX for quotation of 51,402,000 new ordinary fully paid shares issued under its At the Market facility on 20 January 2026. The substantial new share issuance expands the company’s free float and access to equity capital, potentially strengthening its funding position for ongoing operations and exploration activities while diluting existing shareholders’ stakes.
The most recent analyst rating on (AU:NWM) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Norwest Minerals Ltd. stock, see the AU:NWM Stock Forecast page.
More about Norwest Minerals Ltd.
Norwest Minerals Limited is an Australian-listed mining company trading on the ASX under the code NWM. The company operates in the resources sector, focused on the exploration and development of mineral projects, with its ordinary fully paid shares forming its primary traded security in the capital markets.
Average Trading Volume: 1,947,713
Technical Sentiment Signal: Sell
Current Market Cap: A$12.36M
See more insights into NWM stock on TipRanks’ Stock Analysis page.