Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Sunrise Energy Metals ( (AU:SRL) ) has provided an announcement.
Sunrise Energy Metals Limited has applied to the ASX for quotation of 25,012 new fully paid ordinary shares following the exercise or conversion of existing options or other convertible securities. The relatively small issuance, dated 22 January 2026, marginally increases the company’s quoted capital base and reflects ongoing utilisation of equity-linked instruments, but does not on its own signal a major shift in capital structure or operational strategy for shareholders.
The most recent analyst rating on (AU:SRL) stock is a Hold with a A$10.50 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 is an Australia-listed resources company focused on the production and development of energy-related metals, trading on the ASX under the code SRL. The company operates within the broader energy and minerals sector, targeting materials that support the transition to cleaner and more sustainable energy technologies.
Average Trading Volume: 613,451
Technical Sentiment Signal: Buy
Current Market Cap: A$1.3B
See more insights into SRL stock on TipRanks’ Stock Analysis page.