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Archer Materials ( (AU:AXE) ) just unveiled an update.
Archer Materials Limited has announced changes to its board with the appointment of Andrew Just as a Non-Executive Director and the retirement of Ken Williams. Andrew Just brings extensive experience in the medical device and healthcare industries, which aligns with Archer’s strategic growth in medical diagnostics technologies. The board expressed gratitude to Ken Williams for his significant contributions over the past five years, including overseeing the company’s transition from mineral exploration to a quantum and medical device company.
The most recent analyst rating on (AU:AXE) stock is a Hold with a A$0.39 price target. To see the full list of analyst forecasts on Archer Materials stock, see the AU:AXE Stock Forecast page.
More about Archer Materials
Archer Materials is a quantum technology company operating within the semiconductor industry, focusing on developing advanced semiconductor devices for quantum computing, sensing, and medical diagnostics. The company leverages global partnerships to deploy these technologies across various industries.
YTD Price Performance: -34.48%
Average Trading Volume: 621,819
Technical Sentiment Signal: Buy
Current Market Cap: A$96.84M
Learn more about AXE stock on TipRanks’ Stock Analysis page.