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Nova Minerals ( (AU:NVA) ) has provided an update.
Nova Minerals has issued 1,022,949 fully paid shares following the cashless exercise of 1,625,000 unlisted employee options under its Employee Share Option Plan, and has lodged a cleansing notice to allow secondary trading of these shares without a prospectus under the Corporations Act. The company confirmed it is compliant with its continuous disclosure obligations, noted it is awaiting final assay results from an exploration program completed in September 2025, and indicated that quotation of the new shares has been separately applied for, signaling modest equity dilution but maintaining regulatory transparency for investors.
The most recent analyst rating on (AU:NVA) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Nova Minerals stock, see the AU:NVA Stock Forecast page.
More about Nova Minerals
Nova Minerals Limited is an exploration and development company focused on gold, antimony and other critical minerals at its Estelle Project in Alaska, covering 514 km² of state mining claims. The project, 85% owned by Nova and located within the prolific Tintina Gold Belt northwest of Anchorage, hosts more than 20 advanced gold and antimony prospects, including two defined multi‑million‑ounce resources and multiple drill‑ready antimony targets with significant stibnite mineralization at surface.
Average Trading Volume: 2,047,142
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$584.8M
For an in-depth examination of NVA stock, go to TipRanks’ Overview page.