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An announcement from Arrow Minerals Limited ( (AU:AMD) ) is now available.
The Australian Securities Exchange has listed Arrow Minerals Limited among a group of long-term suspended entities whose securities have been halted from trading for more than three months. Under ASX Listing Rule 17.5, Arrow Minerals has until 21 May 2027 to satisfy the exchange that it has executed plans sufficient for the resumption of trading in its securities, or it risks being removed from the official list, a step that would have significant implications for shareholders’ liquidity and the company’s access to public capital markets.
The most recent analyst rating on (AU:AMD) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Arrow Minerals Limited stock, see the AU:AMD Stock Forecast page.
More about Arrow Minerals Limited
Arrow Minerals Limited is an Australian-listed resources company in the mining and exploration sector, with its securities traded on the ASX under the code AMD. The company focuses on mineral exploration projects and is currently among a group of entities whose securities have been suspended from trading on the Australian Securities Exchange.
Technical Sentiment Signal: Sell
Current Market Cap: A$17.08M
See more data about AMD stock on TipRanks’ Stock Analysis page.