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Aquirian Limited ( (AU:AQN) ) has provided an announcement.
Aquirian Limited reported a 16.7% increase in revenue, reaching $8.4 million, and highlighted progress in its strategic initiatives, including the approval of the Wubin emulsion upgrade licence and the initiation of its first full down-hole service. The company is advancing its technology offerings with the completion of the production-ready Automated Collar Keeper® System and is designing an upgraded version to meet growing demand. The appointment of a new General Manager – Commercial aims to drive the company’s strategy in energetics and technology, with a focus on expanding partnerships in the Latin American market. These developments are expected to enhance Aquirian’s operational capabilities and market positioning.
The most recent analyst rating on (AU:AQN) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Aquirian Limited stock, see the AU:AQN Stock Forecast page.
More about Aquirian Limited
Aquirian Limited operates in the mining services industry, focusing on providing energetics and technology solutions. The company offers products such as the Automated Collar Keeper® System, which enhances blast hole quality and safety, and engages in activities like supplying energetics and conducting strategic reviews to maximize facility potential.
Average Trading Volume: 110,114
Technical Sentiment Signal: Buy
Current Market Cap: A$32.99M
For a thorough assessment of AQN stock, go to TipRanks’ Stock Analysis page.