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Stellar Resources Limited ( (AU:SRZ) ) has issued an announcement.
Stellar Resources Limited has lodged an Appendix 3B with the ASX outlining a proposed placement of up to 10 million new fully paid ordinary shares. The equity issue, scheduled for 4 May 2026, signals the company’s intention to raise additional capital via a share placement, which may impact its capital structure and dilution for existing shareholders while potentially providing funds to support ongoing operations or future initiatives once terms are finalised.
The most recent analyst rating on (AU:SRZ) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Stellar Resources Limited stock, see the AU:SRZ Stock Forecast page.
More about Stellar Resources Limited
Average Trading Volume: 8,578,068
Technical Sentiment Signal: Buy
Current Market Cap: A$97.46M
Learn more about SRZ stock on TipRanks’ Stock Analysis page.