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QMines Ltd. ( (AU:QML) ) has provided an announcement.
QMINES Limited has applied to the ASX for quotation of 1.5 million new fully paid ordinary shares, issued on 8 January 2026 as consideration for services provided to the company. The issuance, disclosed via an Appendix 2A filing, slightly expands the company’s share base and indicates the use of equity-based compensation arrangements, which can help preserve cash while potentially diluting existing shareholders by a modest amount.
The most recent analyst rating on (AU:QML) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on QMines Ltd. stock, see the AU:QML Stock Forecast page.
More about QMines Ltd.
QMINES Limited (ASX: QML) is an Australian-listed company operating in the resources sector, with its primary activities centred around the exploration and development of mining-related assets, and its securities quoted on the Australian Securities Exchange.
Average Trading Volume: 1,636,474
Technical Sentiment Signal: Sell
Current Market Cap: A$35.04M
Find detailed analytics on QML stock on TipRanks’ Stock Analysis page.