Australian Rare Earths Limited ( (AU:AR3) ) has provided an update.
Australian Rare Earths Limited has announced a non-renounceable pro-rata entitlement offer to raise approximately A$3.6 million. The offer allows eligible shareholders to subscribe for new shares and receive free attaching options, potentially affecting shareholder control depending on participation levels.
More about Australian Rare Earths Limited
Australian Rare Earths Limited operates in the mining industry, focusing on the extraction and production of rare earth elements. These elements are critical for various high-tech applications, including electronics and renewable energy technologies.
YTD Price Performance: -18.00%
Average Trading Volume: 105,832
Technical Sentiment Signal: Buy
Current Market Cap: A$13.04M
For detailed information about AR3 stock, go to TipRanks’ Stock Analysis page.