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Askari Metals Limited ( (AU:AS2) ) just unveiled an update.
Askari Metals Limited has announced the application for quotation of new securities on the Australian Securities Exchange (ASX). The company is issuing a total of 66,042,600 securities, including options and ordinary fully paid shares, as part of a strategy to compensate for services provided. This move is expected to strengthen the company’s financial position and improve its market presence.
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 production and trading of metals and minerals, 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$6.54M
Find detailed analytics on AS2 stock on TipRanks’ Stock Analysis page.