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An announcement from Sunrise Energy Metals ( (AU:SRL) ) is now available.
Sunrise Energy Metals Limited has applied for quotation on the ASX of 41,270 new fully paid ordinary shares, issued on 15 January 2026 following the exercise or conversion of existing options or other convertible securities. The modest share issuance marginally increases the company’s listed capital base and reflects ongoing utilisation of equity-linked incentives or financing instruments by holders, with limited immediate impact on overall capital structure but signaling continued stakeholder engagement with the stock.
The most recent analyst rating on (AU:SRL) stock is a Hold with a A$9.00 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 is an Australian-listed company in the energy and resources sector, trading on the ASX under the code SRL. The company is involved in the development and production of energy-related metals, which are critical inputs for clean energy technologies and battery supply chains.
YTD Price Performance: 11.53%
Average Trading Volume: 621,994
Technical Sentiment Signal: Buy
Current Market Cap: A$1.17B
For a thorough assessment of SRL stock, go to TipRanks’ Stock Analysis page.