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An update from AML3D Ltd ( (AU:AL3) ) is now available.
AML3D Limited announced that its Founder, Executive Director, and CTO, Mr. Andrew Sales, has sold 4.67% of the company’s issued capital, equating to 25,657,707 shares at $0.265 per share. Despite this sell-down, Mr. Sales remains committed to his roles within the company and is optimistic about growth opportunities in the US and European markets.
The most recent analyst rating on (AU:AL3) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on AML3D Ltd stock, see the AU:AL3 Stock Forecast page.
More about AML3D Ltd
AML3D Limited, founded in 2014 and publicly listed, is a technology company specializing in metal additive manufacturing. It has developed a patented Wire Additive Manufacturing (WAM®) process for 3D printing large-scale metal parts for various industries such as Aerospace, Defence, Maritime, Manufacturing, Mining, and Oil & Gas. The company operates a Technology Centre in Adelaide, Australia, and is the OEM of the ARCEMY® industrial metal 3D printing system.
Average Trading Volume: 4,531,409
Technical Sentiment Signal: Buy
Current Market Cap: A$156.3M
For a thorough assessment of AL3 stock, go to TipRanks’ Stock Analysis page.