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Arafura Resources ( (AU:ARU) ) just unveiled an announcement.
Arafura Rare Earths Ltd announced a change in the director’s interest in securities, with Director Mark Southey acquiring 157,895 fully paid ordinary shares through participation in a Share Purchase Plan. This acquisition reflects the director’s increased investment in the company, potentially signaling confidence in the company’s future prospects and stability in the rare earths market.
The most recent analyst rating on (AU:ARU) stock is a Hold with a A$0.19 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 Ltd operates in the rare earths industry, focusing on the exploration and development of rare earth elements, which are critical components in various high-tech and green technologies.
YTD Price Performance: 160.87%
Average Trading Volume: 13,328,111
Technical Sentiment Signal: Buy
Current Market Cap: A$881.1M
See more insights into ARU stock on TipRanks’ Stock Analysis page.