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Arafura Resources ( (AU:ARU) ) has shared an announcement.
Arafura Rare Earths Limited announced the results of its Share Purchase Plan (SPP), which closed on December 9, 2025, raising a total of $7.1 million from 748 applications. The company will issue approximately 23.1 million new shares and has raised a total of $481.4 million from the SPP and a prior placement, focusing on securing the remaining funding for the Nolans Project.
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, primarily focusing on the extraction and processing of rare earth elements. The company is involved in the development of the Nolans Project, which is a key focus for securing investment and advancing its operations.
YTD Price Performance: 91.30%
Average Trading Volume: 43,237,385
Technical Sentiment Signal: Buy
Current Market Cap: A$1.02B
Learn more about ARU stock on TipRanks’ Stock Analysis page.