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Redcastle Resources Limited ( (AU:RC1) ) has shared an update.
Redcastle Resources Limited has applied to the ASX for quotation of 1,000,000 new options (ASX code RC1OA), each expiring on 7 October 2028, with an issue date of 14 January 2026. The option quotation follows a period in which the company has been consolidating its issued capital, signalling an active approach to restructuring its capital base and potentially enhancing liquidity and flexibility for existing and future investors.
The most recent analyst rating on (AU:RC1) stock is a Sell with a A$0.13 price target. To see the full list of analyst forecasts on Redcastle Resources Limited stock, see the AU:RC1 Stock Forecast page.
More about Redcastle Resources Limited
Redcastle Resources Limited, listed on the ASX under the code RC1, operates in the resources sector, though the specific commodities or projects are not detailed in this release. The company is currently managing its capital structure through corporate actions that include an issued capital consolidation and the issuance of options to shareholders.
Average Trading Volume: 486,232
Technical Sentiment Signal: Buy
Current Market Cap: A$17.33M
For an in-depth examination of RC1 stock, go to TipRanks’ Overview page.