Unico Silver (USL) is held by 1 ASX ETF. Over the last 3 months it rose 10.2%: on $10,000, +$1016. We explain 2 big moves in that time.
About USL
- SectorMaterials
- IndustryMaterials
- Size$515.7m
- Held by1 ETF
- Big moves2 in 3M
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- −15.7%24 Sep 2026· Capital Raise
Unico Silver's stock fell sharply after announcing a $60 million equity placement, which dilutes existing shareholders and typically triggers immediate selling pressure.
- +13.2%18 Sep 2026· Operational
Investor interest in Unico Silver's Joaquin silver project appears to have been rekindled by a Metals Investor Forum presentation and recent positive project update coverage, driving a sharp spike in price and volume.
Held by 1 ETF
Of every $10,000 in each fund, how much is in USL today.
Why did USL fall 15.7% on 24 Sep 2026?
Unico Silver
Unico Silver's stock fell sharply after announcing a $60 million equity placement, which dilutes existing shareholders and typically triggers immediate selling pressure.
The company announced a $60 million placement on 23 September 2026, accompanied by an Appendix 3B (proposed issue of securities), both released just hours before the price drop was detected — a classic sequence for placement-driven selloffs. A trading halt on 22 September preceded these announcements, consistent with a capital raise being negotiated and then disclosed. The sector index (AXMJ) was down only ~0.09%, well below its normal ATR, so broad materials weakness is insufficient to explain a -15.74% move at 4.2x normal daily range; the placement is the dominant and direct catalyst.
General information only, not personal advice — prepared without regard to your objectives, financial situation or needs. Past performance is not indicative of future performance.
Evidence
ASX announcements
News coverage
Sector / macro signals
What it did to the 1 ETF holding USL
On $10,000 in each fund, at the weight it holds today