Claim 70% Off TipRanks This Holiday Season
- 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
The latest update is out from Askari Metals Limited ( (AU:AS2) ).
Askari Metals Limited has announced a proposed issue of securities, which includes 115,000,000 options exercisable at $0.015 and expiring on December 1, 2028, as well as 115,000,000 ordinary fully paid shares. This strategic move is aimed at raising capital to support the company’s ongoing exploration and development activities, potentially strengthening its position in the mining sector and providing opportunities for growth and expansion.
The most recent analyst rating on (AU:AS2) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Askari Metals Limited stock, see the AU:AS2 Stock Forecast page.
More about Askari Metals Limited
Askari Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the acquisition and exploration of precious and base metal projects across Australia, with a market focus on expanding its resource base and enhancing shareholder value.
Average Trading Volume: 1,990,207
Technical Sentiment Signal: Sell
Current Market Cap: A$6.8M
For an in-depth examination of AS2 stock, go to TipRanks’ Overview page.