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Eastern Metals Limited ( (AU:RAP) ) has shared an announcement.
Raptor Metals Ltd has applied for quotation of 1,000,000 new fully paid ordinary shares on the ASX, expanding its listed securities under ticker code RAP. The additional shares, issued on 6 February 2026 following the exercise or conversion of existing options or convertible securities, modestly increase the company’s capital base and free float, potentially enhancing liquidity for investors without materially altering its overall market structure based on the information disclosed.
The most recent analyst rating on (AU:RAP) stock is a Sell with a A$0.05 price target. To see the full list of analyst forecasts on Eastern Metals Limited stock, see the AU:RAP Stock Forecast page.
More about Eastern Metals Limited
Average Trading Volume: 13,992,473
Technical Sentiment Signal: Buy
Current Market Cap: A$20.79M
See more insights into RAP stock on TipRanks’ Stock Analysis page.