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The latest announcement is out from Askari Metals Limited ( (AU:AS2) ).
Askari Metals Limited has announced a proposed issue of securities, with a total of 10 million options to be issued, each exercisable at $0.015 and expiring on December 31, 2028. This move is aimed at raising capital and potentially enhancing the company’s operational capabilities, reflecting its strategic efforts to strengthen its financial position and market standing.
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 primarily deals with metals and has a strategic interest in expanding its market presence through various securities offerings.
Average Trading Volume: 1,990,207
Technical Sentiment Signal: Sell
Current Market Cap: A$6.8M
Find detailed analytics on AS2 stock on TipRanks’ Stock Analysis page.