Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from Metalicity Limited ( (AU:ARI) ) is now available.
Arika Resources Limited has notified the market that 1,000,000 of its ARIAD performance rights have lapsed following their expiry on 20 December 2025 without being exercised or converted. The cessation of these securities results in a reduction of the company’s outstanding performance rights, marginally simplifying its capital structure and potentially altering the profile of management or employee incentive arrangements, though no additional operational or strategic implications were disclosed.
The most recent analyst rating on (AU:ARI) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Metalicity Limited stock, see the AU:ARI Stock Forecast page.
More about Metalicity Limited
Arika Resources Limited, listed on the ASX under the code ARI, operates in the resources sector, though the announcement provides no further detail on its specific commodities, projects or geographic focus. The company’s securities structure includes performance rights as part of its capital and incentive framework.
Average Trading Volume: 2,524,414
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$35.73M
For detailed information about ARI stock, go to TipRanks’ Stock Analysis page.