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An update from Argent Minerals Limited ( (AU:ARD) ) is now available.
Argent Minerals Limited has announced the issuance of 976,563 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code ARD. This issuance is part of an agreement entered into by the company, although it was not previously disclosed as it does not pertain to a capital raising or placement. The announcement signifies a strategic move by Argent Minerals to strengthen its market position and potentially enhance shareholder value.
The most recent analyst rating on (AU:ARD) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Argent Minerals Limited stock, see the AU:ARD Stock Forecast page.
More about Argent Minerals Limited
Argent Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction and production of precious and base metals, with a market focus on enhancing its resource base and expanding its operational capabilities.
Average Trading Volume: 12,174,451
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$48.64M
For a thorough assessment of ARD stock, go to TipRanks’ Stock Analysis page.