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An announcement from Metalicity Limited ( (AU:ARI) ) is now available.
Arika Resources Limited, a company listed on the Australian Securities Exchange (ASX), has requested a trading halt for its securities. This pause in trading is pending an announcement regarding a capital raising initiative. The trading halt is expected to last until either the announcement is made or normal trading resumes on December 5, 2025. This move is likely aimed at stabilizing the company’s stock price and ensuring orderly trading once the capital raising details are disclosed.
More about Metalicity Limited
Average Trading Volume: 2,510,122
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$25.18M
For a thorough assessment of ARI stock, go to TipRanks’ Stock Analysis page.