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Ragnar Metals Limited ( (AU:RAG) ) has provided an update.
Ragnar Metals Limited, listed on the ASX under the code RAG, has lodged a notice with the exchange detailing a proposed issue of new fully paid ordinary shares through a placement.
The company plans to issue up to 5,080,773 ordinary fully paid shares, with the proposed issue date of 28 January 2026, as part of a capital-raising initiative via placement or similar mechanism, which will expand its share base and potentially provide additional funding for its activities, with implications for existing shareholders through dilution and for the company’s financial flexibility.
The most recent analyst rating on (AU:RAG) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Ragnar Metals Limited stock, see the AU:RAG Stock Forecast page.
More about Ragnar Metals Limited
Average Trading Volume: 776,583
Technical Sentiment Signal: Buy
Current Market Cap: A$16.12M
For an in-depth examination of RAG stock, go to TipRanks’ Overview page.