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An update from Australian Rare Earths Limited ( (AU:AR3) ) is now available.
Australian Rare Earths Limited has applied for quotation on the ASX of 66,177 new fully paid ordinary shares, issued following the exercise or conversion of existing options or other convertible securities. The modest expansion of the company’s quoted capital base reflects ongoing shareholder participation in its equity and may slightly increase liquidity in the stock without materially altering its overall capital structure.
The most recent analyst rating on (AU:AR3) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Australian Rare Earths Limited stock, see the AU:AR3 Stock Forecast page.
More about Australian Rare Earths Limited
Australian Rare Earths Limited is an Australian-listed company focused on the exploration and development of rare earth element projects, supplying critical minerals used in high-tech, renewable energy and advanced manufacturing sectors.
Average Trading Volume: 1,934,887
Technical Sentiment Signal: Buy
Current Market Cap: A$47.79M
For a thorough assessment of AR3 stock, go to TipRanks’ Stock Analysis page.