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QMines Seeks ASX Quotation for 2.25 Million New Shares

Story Highlights
  • QMines has applied to quote 2.25 million new fully paid ordinary shares on the ASX.
  • The new share quotation will expand QMines’ listed capital, boosting liquidity but diluting holders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
QMines Seeks ASX Quotation for 2.25 Million New Shares

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The latest update is out from QMines Ltd. ( (AU:QML) ).

QMINES Limited has applied to the Australian Securities Exchange for quotation of 2,250,000 new fully paid ordinary shares, following the exercise or conversion of existing options or other convertible securities. The additional shares, issued on 5 January 2026, will increase the company’s quoted capital base on the ASX, potentially enhancing liquidity for shareholders and modestly diluting existing holdings as the new securities commence trading.

The most recent analyst rating on (AU:QML) stock is a Hold with a A$0.06 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.

Average Trading Volume: 1,601,474

Technical Sentiment Signal: Sell

Current Market Cap: A$31.1M

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

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