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Arrow Minerals Limited ( (AU:AMD) ) has issued an update.
Arrow Minerals Limited responded to a price query from the ASX, revealing a potential capital raising that was initially confidential and incomplete. The company accelerated its capital raising plans and announced it, attributing recent share price changes to positive developments like share consolidation and promising drill results in its Niagara Bauxite Project, rather than the capital raising itself.
More about Arrow Minerals Limited
Arrow Minerals Limited operates in the mineral exploration industry, primarily focusing on the exploration and development of mineral resources such as bauxite. The company has a significant market focus on expanding its mineral exploration projects, including those in Guinea, West Africa.
YTD Price Performance: 50.0%
Average Trading Volume: 1,955,843
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$35.7M
Find detailed analytics on AMD stock on TipRanks’ Stock Analysis page.
