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Petratherm Ltd ( (AU:PTR) ) has provided an update.
PTR Minerals Limited has called an extraordinary general meeting of shareholders to be held in Adelaide on 20 February 2026, outlining several resolutions related to past and proposed share placements. The agenda seeks shareholder ratification of a prior issue of 46.8 million fully paid ordinary shares, as well as approval to issue up to 200,000 placement shares each to directors Robert Sennitt, Derek Carter, Simon O’Loughlin and Donald Stephens, moves that formalise recent capital-raising activities, align board interests with shareholders and preserve the company’s capacity to issue further equity under ASX Listing Rules.
The most recent analyst rating on (AU:PTR) stock is a Hold with a A$0.27 price target. To see the full list of analyst forecasts on Petratherm Ltd stock, see the AU:PTR Stock Forecast page.
More about Petratherm Ltd
PTR Minerals Limited, formerly known as Petratherm Ltd, is an Australian-listed resources company operating in the minerals sector. The company is focused on mineral exploration and development, with its activities and capital management governed by ASX Listing Rules and the Corporations Act.
Average Trading Volume: 353,556
Technical Sentiment Signal: Buy
Current Market Cap: A$110.2M
Learn more about PTR stock on TipRanks’ Stock Analysis page.