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An update from Mt Monger Resources Ltd. ( (AU:MTM) ) is now available.
Metallium Ltd has issued 690,000 ordinary fully paid shares following the conversion of unlisted options, without disclosure under Part 6D.2 of the Corporations Act. This move, compliant with the Act’s provisions, allows the shares to be exempt from on-sale restrictions, potentially enhancing liquidity and market confidence. The announcement underscores Metallium’s commitment to maintaining transparency and regulatory compliance, which could positively impact stakeholder trust and market positioning.
The most recent analyst rating on (AU:MTM) stock is a Buy with a A$0.96 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.
More about Mt Monger Resources Ltd.
Metallium Ltd is at the forefront of a low-carbon, high-efficiency approach to extracting critical and precious metals from mineral concentrates and high-grade waste streams. Utilizing its patented Flash Joule Heating technology, the company focuses on recovering high-value materials such as gallium, germanium, antimony, rare earth elements, and gold from sources like refinery scrap, e-waste, and monazite. Metallium is aligned with U.S. strategic supply chain goals and has recently established its first commercial site in Texas through its subsidiary, Flash Metals USA Inc., paving the way for imminent production and revenue generation.
Average Trading Volume: 7,054,823
Technical Sentiment Signal: Buy
Current Market Cap: A$643.4M
For detailed information about MTM stock, go to TipRanks’ Stock Analysis page.