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Silver Mines Limited ( (AU:SVL) ) just unveiled an announcement.
Silver Mines Limited has applied to the ASX for quotation of 1,992,754 additional ordinary fully paid shares, effective 5 January 2026. The relatively small issuance marginally expands the company’s share capital and may reflect the exercise of options or conversion of existing securities, incrementally increasing liquidity in the stock and slightly diluting existing shareholders while supporting the company’s ongoing capital and corporate structure requirements.
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
Silver Mines Limited is an Australian-listed resources company focused on the exploration and development of silver and related precious metals projects. Its ordinary fully paid shares trade on the Australian Securities Exchange under the ticker SVL, giving investors exposure to the silver mining sector.
YTD Price Performance: -4.55%
Average Trading Volume: 17,884,523
Technical Sentiment Signal: Buy
Current Market Cap: A$450.4M
Find detailed analytics on SVL stock on TipRanks’ Stock Analysis page.