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Santana Minerals Ltd. ( (AU:SMI) ) just unveiled an announcement.
Santana Minerals Ltd has applied to the ASX for quotation of 1.2 million new ordinary fully paid shares, with an issue date of 14 January 2026. The additional securities, arising from the exercise or conversion of existing instruments, will expand the company’s quoted share capital and may modestly enhance liquidity for investors while reflecting ongoing utilisation of equity-linked incentives or funding arrangements.
The most recent analyst rating on (AU:SMI) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
More about Santana Minerals Ltd.
Santana Minerals Ltd is an ASX-listed mining company focused on mineral exploration and development, with its ordinary fully paid shares trading under the ticker SMI on the Australian Securities Exchange.
Average Trading Volume: 1,077,807
Technical Sentiment Signal: Buy
Current Market Cap: A$818.8M
Learn more about SMI stock on TipRanks’ Stock Analysis page.