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Australian Strategic Materials Ltd ( (AU:ASM) ) has provided an announcement.
Australian Strategic Materials Ltd announced that all resolutions presented at their Annual General Meeting were passed by shareholders. The resolutions included the adoption of the remuneration report, re-election and election of directors, issuance of performance rights, and approval of additional placement capacity. These decisions reflect a strong shareholder support for ASM’s strategic direction and governance, potentially enhancing the company’s operational capabilities and market positioning.
The most recent analyst rating on (AU:ASM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Australian Strategic Materials Ltd stock, see the AU:ASM Stock Forecast page.
More about Australian Strategic Materials Ltd
Australian Strategic Materials Ltd (ASM) operates in the materials industry, focusing on the production and supply of critical metals and materials. The company is involved in the development of integrated supply chains for rare earths and other strategic materials, aiming to support various high-tech and green technology applications.
Average Trading Volume: 2,333,757
Technical Sentiment Signal: Sell
Current Market Cap: A$164.9M
Learn more about ASM stock on TipRanks’ Stock Analysis page.