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The latest announcement is out from Astral Resources NL ( (AU:AAR) ).
Astral Resources NL has announced the issuance of 12,964,730 fully paid ordinary securities, which are set to be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to leverage convertible securities, potentially impacting its market position by increasing its capital base and providing opportunities for growth and expansion.
The most recent analyst rating on (AU:AAR) stock is a Buy with a A$0.45 price target. To see the full list of analyst forecasts on Astral Resources NL stock, see the AU:AAR Stock Forecast page.
More about Astral Resources NL
Astral Resources NL operates in the resources industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction and production of various minerals, with a market focus on expanding its resource base and enhancing shareholder value.
Average Trading Volume: 4,343,507
Technical Sentiment Signal: Buy
Current Market Cap: A$363.1M
For detailed information about AAR stock, go to TipRanks’ Stock Analysis page.