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Arafura Resources ( (AU:ARU) ) just unveiled an announcement.
Arafura Rare Earths Limited has announced the expiry of its listed options, with a total of 78,125,000 options set to expire on June 20, 2025. These options, which are exercisable at $0.225, will cease official quotation on the ASX on June 16, 2025. Option holders must exercise their options by the expiry date to receive fully paid ordinary shares in the company. The announcement highlights the company’s current market conditions, with recent share prices ranging between $0.125 and $0.225, and underscores the importance for stakeholders to act before the options lose value.
The most recent analyst rating on (AU:ARU) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Arafura Resources stock, see the AU:ARU Stock Forecast page.
More about Arafura Resources
Arafura Rare Earths Limited is a company operating in the rare earths industry, focusing on the extraction and production of rare earth elements. These elements are critical for various high-tech applications and industries, including electronics, renewable energy, and automotive sectors.
Average Trading Volume: 7,989,611
Technical Sentiment Signal: Buy
Current Market Cap: A$431.3M
For a thorough assessment of ARU stock, go to TipRanks’ Stock Analysis page.