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An update from Anson Resources ( (AU:ASN) ) is now available.
Anson Resources has raised $5 million through the issuance of 55,555,556 ordinary shares at $0.09 each. This capital raising is part of the company’s strategy to bolster its financial position as it continues to focus on its lithium projects in Utah. The announcement underscores Anson’s commitment to developing its assets into significant lithium-producing operations, which aligns with its goal of meeting future energy and technology market demands.
The most recent analyst rating on (AU:ASN) stock is a Buy with a A$0.31 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 is an ASX-listed mineral resources company with a focus on developing lithium projects in the USA, particularly the Green River and Paradox Lithium Project in Utah. The company aims to create long-term shareholder value by discovering, acquiring, and developing natural resources to meet the demands of new energy and technology markets.
YTD Price Performance: 27.14%
Average Trading Volume: 2,608,157
Technical Sentiment Signal: Hold
Current Market Cap: A$123.4M
Find detailed analytics on ASN stock on TipRanks’ Stock Analysis page.