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Anson Resources ( (AU:ASN) ) has provided an update.
Anson Resources Limited has announced a proposed issue of securities, including 87,500,000 options exercisable at $0.12 and 175,000,000 ordinary fully paid shares. This move is part of a strategic effort to raise capital, potentially enhancing the company’s financial position and supporting its ongoing projects in the mineral resources sector.
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 extraction and production of lithium and other valuable minerals, positioning itself in the growing market for battery materials.
Average Trading Volume: 3,500,314
Technical Sentiment Signal: Buy
Current Market Cap: A$144.4M
Find detailed analytics on ASN stock on TipRanks’ Stock Analysis page.