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American Rare Earths ( (AU:ARR) ) has shared an update.
American Rare Earths Limited has announced the issuance of unquoted equity securities in the form of unlisted options. These options, totaling 7.5 million, are exercisable at prices of $0.30 and $0.35 with expiry dates ranging from August 2027 to July 2029. This move is part of an employee incentive scheme, potentially enhancing the company’s ability to attract and retain talent while aligning employee interests with long-term company performance.
More about American Rare Earths
American Rare Earths Limited operates in the mining industry, focusing on the exploration and development of rare earth elements. The company is engaged in identifying and extracting these critical minerals, which are essential for various high-tech and clean energy applications.
YTD Price Performance: 15.56%
Average Trading Volume: 462,435
Technical Sentiment Signal: Sell
Current Market Cap: $102.1M
For a thorough assessment of ARR stock, go to TipRanks’ Stock Analysis page.