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Sunrise Energy Metals ( (AU:SRL) ) has provided an announcement.
Sunrise Energy Metals Limited has applied to the ASX for quotation of 8,754 new ordinary fully paid shares, following the exercise or conversion of existing options or other convertible securities. The modest increase in quoted securities slightly expands the company’s issued capital base and reflects ongoing participation in its equity incentive or financing structures, with limited immediate impact on control but incremental dilution for existing shareholders.
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 and resources sector, focusing on the development and production of energy-related metal commodities. The company targets markets that rely on strategic metals for clean energy technologies and advanced industrial applications.
YTD Price Performance: 3134.04%
Average Trading Volume: 673,359
Technical Sentiment Signal: Buy
Current Market Cap: A$1.01B
See more data about SRL stock on TipRanks’ Stock Analysis page.