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Silver Mines Seeks ASX Quotation for Additional Ordinary Shares

Story Highlights
  • Silver Mines Limited has applied to list 144,928 new fully paid ordinary shares on the ASX.
  • The modest share issue stems from exercised or converted securities and slightly expands the company’s quoted capital base without signaling major strategic change.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Silver Mines Seeks ASX Quotation for Additional Ordinary Shares

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The latest update is out from Silver Mines Limited ( (AU:SVL) ).

Silver Mines Limited has applied for the quotation of 144,928 new fully paid ordinary shares on the ASX, following the exercise or conversion of existing options or other convertible securities. The relatively small share issuance, dated 13 January 2026, marginally increases the company’s quoted capital base and signals continued take-up of equity-linked instruments by holders, but does not in itself indicate a material change in operations or strategy for stakeholders.

The most recent analyst rating on (AU:SVL) stock is a Hold with a A$0.23 price target. To see the full list of analyst forecasts on Silver Mines Limited stock, see the AU:SVL Stock Forecast page.

More about Silver Mines Limited

YTD Price Performance: -6.82%

Average Trading Volume: 18,512,556

Technical Sentiment Signal: Buy

Current Market Cap: A$440.1M

See more insights into SVL stock on TipRanks’ Stock Analysis page.

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