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NOVONIX Ltd ( (AU:NVX) ) has issued an update.
NOVONIX Ltd has applied for quotation on the ASX of 18,700,876 new fully paid ordinary shares, issued on 12 January 2026. The additional shares, resulting from the exercise or conversion of existing options or other convertible securities, will expand the company’s quoted capital base and may have implications for existing shareholders through dilution and increased trading liquidity once admitted to quotation.
The most recent analyst rating on (AU:NVX) stock is a Hold with a A$0.56 price target. To see the full list of analyst forecasts on NOVONIX Ltd stock, see the AU:NVX Stock Forecast page.
More about NOVONIX Ltd
YTD Price Performance: 34.52%
Average Trading Volume: 9,786,818
Technical Sentiment Signal: Sell
Current Market Cap: A$474.6M
For detailed information about NVX stock, go to TipRanks’ Stock Analysis page.