TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Australian Strategic Materials Ltd ( (AU:ASM) ) has shared an announcement.
Australian Strategic Materials Ltd has announced the quotation of 135,229 fully paid ordinary securities on the ASX, issued under an employee incentive scheme. This move could enhance the company’s market presence and provide additional liquidity, potentially benefiting stakeholders by aligning employee interests with company performance.
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 is a company operating in the materials industry, focusing on the production and supply of strategic materials. The company is involved in the development and commercialization of rare earths and other critical materials, which are essential for various high-tech and green technologies.
Average Trading Volume: 633,777
Technical Sentiment Signal: Sell
Current Market Cap: A$127.6M
Learn more about ASM stock on TipRanks’ Stock Analysis page.