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Sunrise Energy Metals ( (AU:SRL) ) has shared an announcement.
Sunrise Energy Metals has applied to the ASX for quotation of 242,971 additional ordinary fully paid shares, issued on 7 January 2026, under its existing listing code SRL. The new securities arise from the exercise or conversion of existing options or other convertible instruments, incrementally expanding the company’s free float and potentially enhancing liquidity for investors without indicating any immediate change to its underlying operations.
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 is an Australian-listed resources company focused on the production and development of energy-related metals, with its ordinary fully paid shares traded on the ASX under the code SRL. The company operates within the broader energy and minerals sector, targeting markets linked to battery materials and clean energy technologies.
Average Trading Volume: 667,595
Technical Sentiment Signal: Buy
Current Market Cap: A$993.9M
For an in-depth examination of SRL stock, go to TipRanks’ Overview page.