tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Ragnar Metals Seeks ASX Quotation for Over 5 Million New Shares

Story Highlights
  • Ragnar Metals has applied to quote 5,080,773 new fully paid ordinary shares on the ASX.
  • The new shares expand Ragnar’s quoted capital base, potentially affecting liquidity and shareholder structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ragnar Metals Seeks ASX Quotation for Over 5 Million New Shares

Claim 50% Off TipRanks Premium

The latest update is out from Ragnar Metals Limited ( (AU:RAG) ).

Ragnar Metals Limited has applied to the ASX for quotation of 5,080,773 new fully paid ordinary shares, with an issue date of 28 January 2026, under its existing issuer code RAG. The additional securities, which were previously notified to the market via an Appendix 3B, will expand the company’s quoted share capital, potentially affecting liquidity and ownership structure for existing and new shareholders, although no further context on the use of funds or strategic rationale is provided in this filing.

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

Ragnar Metals Limited is an Australian-listed company (ASX: RAG). The announcement does not provide details on its industry, core projects or products, nor its primary markets, so the company’s specific operational focus is not described in this release.

Average Trading Volume: 776,583

Technical Sentiment Signal: Buy

Current Market Cap: A$16.12M

See more data about RAG stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1