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SQX Resources Limited ( (AU:SQX) ) has shared an announcement.
SQX Resources Limited has applied to the ASX for quotation of 20 million new ordinary fully paid shares, to be issued on 7 January 2026 under its existing capital management framework. The move expands the company’s listed securities base and signals an intention to increase liquidity and access to capital markets, with potential implications for existing shareholders through dilution and for the company’s funding capacity for future corporate or project activities.
The most recent analyst rating on (AU:SQX) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on SQX Resources Limited stock, see the AU:SQX Stock Forecast page.
More about SQX Resources Limited
Average Trading Volume: 390,523
Technical Sentiment Signal: Buy
Current Market Cap: A$7.18M
Learn more about SQX stock on TipRanks’ Stock Analysis page.