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Arafura Resources ( (AU:ARU) ) has provided an announcement.
Arafura Rare Earths Limited has announced a General Meeting to be held on December 5, 2025, where shareholders will consider resolutions related to the ratification and issuance of shares under two tranches of a placement. The first resolution seeks approval for the ratification of 440,568,781 shares issued to sophisticated and institutional investors, while the second resolution proposes the issuance of up to 1,255,859,790 shares. These actions are aimed at strengthening the company’s financial position and supporting its strategic initiatives 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 Limited operates in the rare earths industry, focusing on the exploration and development of rare earth elements. These elements are crucial for various high-tech applications, including electronics, renewable energy, and defense industries.
Average Trading Volume: 34,762,854
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$895.1M
Learn more about ARU stock on TipRanks’ Stock Analysis page.