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Orion Minerals Limited ( (AU:ORN) ) has shared an update.
Orion Minerals has applied to the ASX for quotation of 11 million new ordinary fully paid shares, to be issued on 12 February 2026. The application indicates an expansion of the company’s quoted capital base, which may affect existing shareholders through dilution while potentially strengthening Orion’s capacity to fund ongoing operations and project development.
The most recent analyst rating on (AU:ORN) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Orion Minerals Limited stock, see the AU:ORN Stock Forecast page.
More about Orion Minerals Limited
Orion Minerals Ltd is an ASX-listed resources company operating in the mining sector. The company’s primary business involves the exploration and development of mineral projects, with its ordinary fully paid shares traded under the ticker ORN on the Australian Securities Exchange.
Average Trading Volume: 2,245,111
Technical Sentiment Signal: Buy
Current Market Cap: A$309.5M
See more insights into ORN stock on TipRanks’ Stock Analysis page.