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Polymetals Resources Seeks ASX Quotation for 743,750 New Ordinary Shares

Story Highlights
  • Polymetals Resources is seeking ASX quotation for 743,750 new fully paid ordinary shares.
  • The shares arise from employee incentive securities whose transfer restrictions have now lapsed.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Polymetals Resources Seeks ASX Quotation for 743,750 New Ordinary Shares

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Polymetals Resources Ltd. ( (AU:POL) ) has provided an update.

Polymetals Resources Ltd has applied to the ASX for quotation of 743,750 fully paid ordinary shares under the code POL. The new shares relate to securities previously issued under an employee incentive scheme whose transfer restrictions have ceased or are about to cease, modestly increasing the company’s quoted capital and signalling the conversion of staff equity incentives into tradable stock.

The most recent analyst rating on (AU:POL) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Polymetals Resources Ltd. stock, see the AU:POL Stock Forecast page.

More about Polymetals Resources Ltd.

Average Trading Volume: 1,124,234

Technical Sentiment Signal: Buy

Current Market Cap: A$344.2M

Learn more about POL stock on TipRanks’ Stock Analysis page.

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