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Sunrise Energy Metals Seeks ASX Quotation for 42,495 New Shares

Story Highlights
  • Sunrise Energy Metals operates in energy metals, supplying key inputs for clean energy and battery markets.
  • The company has applied to quote 42,495 new ordinary shares on the ASX, modestly expanding its capital base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sunrise Energy Metals Seeks ASX Quotation for 42,495 New Shares

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The latest announcement is out from Sunrise Energy Metals ( (AU:SRL) ).

Sunrise Energy Metals Limited has applied to the ASX for quotation of 42,495 new fully paid ordinary shares, dated 8 January 2026, under an Appendix 2A lodgement. The additional shares arise from the exercise or conversion of options or other convertible securities, modestly expanding the company’s free‑float and capital base and reflecting ongoing shareholder participation in its equity structure.

The most recent analyst rating on (AU:SRL) stock is a Hold with a A$6.00 price target. To see the full list of analyst forecasts on Sunrise Energy Metals stock, see the AU:SRL Stock Forecast page.

More about Sunrise Energy Metals

Sunrise Energy Metals Limited, listed on the ASX under the code SRL, operates in the energy metals sector, focusing on the development and production of metals used in clean energy and battery technologies. The company targets markets driven by the transition to low‑carbon energy, supplying key inputs for electric vehicles and energy storage applications.

Average Trading Volume: 652,105

Technical Sentiment Signal: Buy

Current Market Cap: A$940.9M

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

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