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Arafura Resources ( (AU:ARU) ) has provided an announcement.
Arafura Rare Earths Limited has issued over 51 million new fully paid ordinary shares as part of tranche 2 of a placement announced in August 2025. This move is part of the company’s efforts to raise capital without the need for disclosure to investors under certain provisions of the Corporations Act, indicating a strategic financial maneuver to support its business operations.
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 Limited operates in the rare earths industry, focusing on the exploration and development of rare earth elements. The company is headquartered in Perth, Australia, and is listed on the Australian Securities Exchange under the ticker ARU.
Average Trading Volume: 10,226,010
Technical Sentiment Signal: Buy
Current Market Cap: A$566.8M
Find detailed analytics on ARU stock on TipRanks’ Stock Analysis page.