tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

AML3D Limited Strengthens Financial Position with New Share Issue

Story Highlights
AML3D Limited Strengthens Financial Position with New Share Issue

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from AML3D Ltd ( (AU:AL3) ) is now available.

AML3D Limited has issued 3,800,000 ordinary fully paid shares following the exercise of unlisted options, as part of its compliance with the Corporations Act 2001. This move indicates the company’s ongoing efforts to strengthen its financial position and support its operations in the metal additive manufacturing industry.

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 is a publicly listed technology company founded in 2014 that specializes in metal additive manufacturing. The company has developed a patented Wire Additive Manufacturing (WAM®) process to 3D print large-scale metal parts for industries such as Aerospace, Defence, Maritime, Manufacturing, Mining, and Oil & Gas. AML3D operates a Technology Centre in Adelaide, Australia, and is the original equipment manufacturer of ARCEMY®, an industrial metal 3D printing system.

Average Trading Volume: 2,725,668

Technical Sentiment Signal: Buy

Current Market Cap: A$149.1M

For a thorough assessment of AL3 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1