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The latest announcement is out from Astral Resources NL ( (AU:AAR) ).
Astral Resources NL reported that all resolutions put to shareholders at its 23 January 2026 General Meeting were passed by poll, including ratification of Tranche 1 placement shares and approval for the issue of Tranche 2 placement shares. Shareholders also approved the issuance of placement shares to key individuals, including David Varcoe, Marc Ducler and Justin Osborne, underscoring strong investor support for the company’s recent capital-raising initiatives and providing a mandate to proceed with its funding and growth plans.
The most recent analyst rating on (AU:AAR) stock is a Hold with a A$0.27 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 is an Australian-listed resources company engaged in mineral exploration and development, with its securities traded on the ASX under the code AAR. The company is focused on advancing its resource projects in Western Australia, a key jurisdiction for mining and exploration activity.
Average Trading Volume: 4,093,193
Technical Sentiment Signal: Buy
Current Market Cap: A$465.8M
For an in-depth examination of AAR stock, go to TipRanks’ Overview page.