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OM Holdings Ltd. ( (AU:OMH) ) just unveiled an update.
OM Holdings Limited has confirmed that the sale of its 26% interest in Ntsimbintle Mining Proprietary Limited to Exxaro Resources for ZAR 1.86 billion (about US$101.4 million) is now unconditional, with all suspensive conditions under the binding agreement fulfilled or waived and completion expected by 27 February 2026. Management says the transaction marks a key milestone in the group’s growth strategy, with the proceeds set to bolster OMH’s balance sheet, support capital structure optimisation, and create scope to return value to shareholders, potentially reshaping its financial flexibility and positioning within the global manganese and ferroalloys market.
The most recent analyst rating on (AU:OMH) stock is a Hold with a A$0.36 price target. To see the full list of analyst forecasts on OM Holdings Ltd. stock, see the AU:OMH Stock Forecast page.
More about OM Holdings Ltd.
OM Holdings Limited is an international manganese and silicon smelting group engaged in trading raw ores, smelting, and marketing processed ferroalloys. With over three decades in the industry, the dual-listed company on the ASX and Bursa Malaysia operates across Australia, China, Malaysia, Singapore, and South Africa, positioning itself as one of the world’s leading suppliers of manganese ores and ferroalloys to major steel mills and related industries.
Average Trading Volume: 92,442
Technical Sentiment Signal: Hold
Current Market Cap: A$252.2M
Learn more about OMH stock on TipRanks’ Stock Analysis page.