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Askari Metals Limited ( (AU:AS2) ) has shared an update.
Askari Metals Limited has secured $1,150,000 in funding from new and existing investors to accelerate its exploration activities in Ethiopia and Namibia. The funds will support a maiden drilling program at the Nejo Gold and Copper Project and further exploration at the Uis Project, enhancing the company’s strategic positioning in the African mineral exploration sector.
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 is a company operating in the mining and exploration industry, primarily focusing on gold and copper projects. The company is actively developing a portfolio of exploration projects in West and East Africa, with significant efforts in Ethiopia and Namibia.
Average Trading Volume: 1,990,207
Technical Sentiment Signal: Sell
Current Market Cap: A$6.8M
For a thorough assessment of AS2 stock, go to TipRanks’ Stock Analysis page.