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Anson Resources ( (AU:ASN) ) has provided an update.
Anson Resources has raised $14 million by issuing 175 million ordinary shares at $0.08 each. This capital raising, conducted without disclosure under Part 6D.2 of the Corporations Act, supports the company’s strategic focus on developing its lithium projects, potentially enhancing its market positioning in the energy and technology sectors.
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 Ltd is an ASX-listed mineral resources company with a focus on developing lithium projects. Its core assets include the Green River and Paradox Lithium Project in Utah, USA. The company aims to create long-term shareholder value by discovering, acquiring, and developing natural resources that cater to the demands of new energy and technology markets.
Average Trading Volume: 4,153,759
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$102.5M
For detailed information about ASN stock, go to TipRanks’ Stock Analysis page.