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Saturn Metals Ltd. ( (AU:STN) ) has shared an update.
Saturn Metals Ltd. has applied to the ASX for quotation of 76,245 new fully paid ordinary shares, following the exercise or conversion of existing options or other convertible securities. The modest increase in quoted capital reflects routine capital management rather than a major funding event, but it slightly expands the company’s listed share base and may incrementally enhance liquidity for existing investors.
The most recent analyst rating on (AU:STN) stock is a Sell with a A$0.45 price target. To see the full list of analyst forecasts on Saturn Metals Ltd. stock, see the AU:STN Stock Forecast page.
More about Saturn Metals Ltd.
Saturn Metals Ltd. is an Australian-listed company on the ASX under the code STN. While this filing does not detail its operations, the company is part of the resources sector and regularly issues equity securities in line with typical capital markets activity for exploration and development-stage entities.
Average Trading Volume: 1,466,309
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$287M
See more data about STN stock on TipRanks’ Stock Analysis page.