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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.