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An announcement from American West Metals Ltd. ( (AU:AW1) ) is now available.
American West Metals Limited has issued 155,555,556 fully paid ordinary shares at $0.045 per share to institutional and sophisticated investors. This move, compliant with the Corporations Act 2001, aims to bolster the company’s financial position as it continues to analyze results from its Storm Project exploration program, potentially impacting its operations and market positioning.
The most recent analyst rating on (AU:AW1) stock is a Buy with a A$0.20 price target. To see the full list of analyst forecasts on American West Metals Ltd. stock, see the AU:AW1 Stock Forecast page.
More about American West Metals Ltd.
American West Metals Limited (ASX: AW1) is an Australian mining company focused on the discovery and development of major base metal mineral deposits in North America. The company emphasizes low-footprint mining practices that support global energy transformation, with a portfolio that includes copper and zinc projects. Their approach is centered on ethical mineral extraction and community contribution, led by an experienced leadership team aiming for sustainable business growth and high returns for shareholders.
Average Trading Volume: 5,355,218
Technical Sentiment Signal: Buy
Current Market Cap: A$67.41M
For a thorough assessment of AW1 stock, go to TipRanks’ Stock Analysis page.