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VRX Silica Ltd. ( (AU:VRX) ) has shared an update.
VRX Silica Ltd has notified the market that 10 million options (ASX code: VRXAY), exercisable at $0.20 and expiring on 31 December 2025, have lapsed without being exercised. The expiry of these options reduces the company’s pool of outstanding convertible securities, slightly simplifying its capital structure and removing a potential source of future share dilution for existing shareholders.
The most recent analyst rating on (AU:VRX) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on VRX Silica Ltd. stock, see the AU:VRX Stock Forecast page.
More about VRX Silica Ltd.
VRX Silica Ltd is an ASX-listed company (code: VRX) operating in the resources sector, focused on silica-related assets and projects in Australia.
Average Trading Volume: 554,743
Technical Sentiment Signal: Sell
Current Market Cap: A$56.82M
Find detailed analytics on VRX stock on TipRanks’ Stock Analysis page.