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An announcement from QX Resources Ltd ( (AU:QXR) ) is now available.
QX Resources Limited has announced a proposed capital raising via the issue of up to 246 million new fully paid ordinary shares and 123 million options exercisable at A$0.01 and expiring on 23 December 2027. The securities will be issued as a placement or other type of issue, with an expected issue date of 11 February 2026, signaling a significant potential increase in the company’s capital base and share count that may impact existing shareholder dilution and support future funding needs once completed.
The most recent analyst rating on (AU:QXR) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on QX Resources Ltd stock, see the AU:QXR Stock Forecast page.
More about QX Resources Ltd
Technical Sentiment Signal: Sell
Current Market Cap: A$9.54M
See more data about QXR stock on TipRanks’ Stock Analysis page.