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Nova Minerals Seeks ASX Quotation for 1.02 Million New Shares

Story Highlights
  • Nova Minerals has applied to list 1,022,949 new ordinary fully paid shares on the ASX.
  • The new shares result from exercised or converted securities, slightly increasing capital and market liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nova Minerals Seeks ASX Quotation for 1.02 Million New Shares

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The latest announcement is out from Nova Minerals ( (AU:NVA) ).

Nova Minerals Limited has applied to the ASX for quotation of 1,022,949 new ordinary fully paid shares, effective 29 January 2026. The additional securities, which arise from the exercise or conversion of existing options or other convertible instruments, will modestly increase the company’s free float and share capital, potentially enhancing liquidity for shareholders without materially altering the company’s market structure.

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 Australia-listed company trading under the ASX code NVA. While this filing does not specify its operations, Nova is listed on the Australian Securities Exchange and issues ordinary fully paid shares as its primary equity security for investors.

Average Trading Volume: 2,047,142

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$584.8M

See more insights into NVA stock on TipRanks’ Stock Analysis page.

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