Australia's GreenX Metals falls most in over 7 weeks on discounted placement

GreenX Metals

28/01/2026 02:28

** Shares of Australia's GreenX Metals GRX.AX fall as much as 6.4% to A$0.95, its biggest intraday pct fall since December 9

** Stock at its lowest level since January 20

** Diversified miner announces A$13.6 million ($9.50 million) placement at an issue price of A$0.85 per share

** Issue price represents a discount of 15% to the stock's last close

** Funds from placement to strengthen GreenX's balance sheet, others - co

** About 386,087 shares change hands, 3.8x the 30-day average volume

** Stock has risen 17.7% in 2026, including session moves

($1 = 1.4314 Australian dollars)

(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com;))