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The latest announcement is out from Sunstone Metals Limited ( (AU:STM) ).
Sunstone Metals Ltd has applied for quotation on the ASX of 140,352 ordinary fully paid shares, with an issue date of 12 March 2026. The new securities form part of previously announced transactions and their quotation will modestly expand the company’s listed share base, reflecting continued utilisation of equity capital markets for its financing needs.
The most recent analyst rating on (AU:STM) stock is a Buy with a A$2.10 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 Ltd is an Australian-listed company in the metals and mining sector, trading on the ASX under the code STM. The company issues ordinary fully paid shares and accesses equity markets through standard ASX listing rule processes to support its corporate and operational activities.
YTD Price Performance: -29.55%
Average Trading Volume: 469,815
Technical Sentiment Signal: Sell
Current Market Cap: A$95.75M
For a thorough assessment of STM stock, go to TipRanks’ Stock Analysis page.