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Anson Resources ( (AU:ASN) ) has issued an announcement.
Anson Resources Limited has announced a proposed issue of 25 million new securities, with options exercisable at $0.12 and expiring three years from the date of issue. This move is part of a strategic placement or other type of issue, potentially impacting the company’s capital structure and providing it with additional funds to support its operations and growth initiatives.
The most recent analyst rating on (AU:ASN) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on Anson Resources stock, see the AU:ASN Stock Forecast page.
More about Anson Resources
Anson Resources Limited operates in the resources industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the production of lithium and other minerals, positioning itself within the growing market for battery and energy storage solutions.
Average Trading Volume: 4,214,756
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$102.5M
Learn more about ASN stock on TipRanks’ Stock Analysis page.