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The latest announcement is out from OD6 Metals Ltd. ( (AU:OD6) ).
OD6 Metals Ltd has issued 300,000 fully paid ordinary shares following the conversion of unlisted options, and has confirmed that these shares were issued without a prospectus under applicable Corporations Act provisions. The company states it remains compliant with its continuous disclosure and financial reporting obligations and that there is no undisclosed price-sensitive information, signalling to investors that the capital structure adjustment is routine and does not reflect any hidden changes in its operational or strategic outlook.
The most recent analyst rating on (AU:OD6) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on OD6 Metals Ltd. stock, see the AU:OD6 Stock Forecast page.
More about OD6 Metals Ltd.
OD6 Metals Ltd is an Australian public company focused on exploration and development in the critical minerals sector, primarily targeting clay-hosted rare earth elements and copper. The company owns the Splinter Rock project in Western Australia, which hosts what it describes as Australia’s largest and highest-grade clay-hosted rare earths deposit, and is advancing the proposed acquisition of the historic Gulf Creek Copper-Zinc VMS Project in New South Wales, where it plans to apply modern exploration techniques to underexplored mineralisation.
Average Trading Volume: 2,079,921
Technical Sentiment Signal: Buy
Current Market Cap: A$16.37M
Learn more about OD6 stock on TipRanks’ Stock Analysis page.