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
Sunstone Metals Limited ( (AU:STM) ) has provided an update.
Sunstone Metals Limited plans to undertake a 30-for-1 share consolidation, subject to shareholder approval at a general meeting on 23 February 2026, to address its unusually large securities base of approximately 6.79 billion shares plus hundreds of millions of options and performance rights. The proposed consolidation, which will also apply equally to all unlisted options and performance rights without materially altering individual ownership percentages, is aimed at creating a more efficient capital structure, simplifying administration, and supporting ongoing corporate discussions, while making the company’s shares more attractive and accessible to a broader pool of investors through a more appropriate share structure for its size.
The most recent analyst rating on (AU:STM) stock is a Buy with a A$0.07 price target. To see the full list of analyst forecasts on Sunstone Metals Limited stock, see the AU:STM Stock Forecast page.
More about Sunstone Metals Limited
Sunstone Metals Limited is an Australia-based mineral exploration company listed on the ASX under the code STM. The company operates within the resources sector and is focused on advancing its portfolio of mineral projects, positioning itself alongside a peer group of ASX-listed exploration and mining companies.
Average Trading Volume: 13,656,612
Technical Sentiment Signal: Buy
Current Market Cap: A$149.4M
For a thorough assessment of STM stock, go to TipRanks’ Stock Analysis page.