tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Australian Strategic Materials Ltd Announces Quotation of New Securities

Story Highlights
  • Australian Strategic Materials Ltd focuses on strategic materials and rare earth elements.
  • The company is quoting 12,481 new securities on the ASX to enhance market presence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Australian Strategic Materials Ltd Announces Quotation of New Securities

TipRanks Black Friday Sale

Australian Strategic Materials Ltd ( (AU:ASM) ) has shared an update.

Australian Strategic Materials Ltd has announced the quotation of 12,481 fully paid ordinary securities on the Australian Securities Exchange (ASX) as part of an employee incentive scheme. This move is expected to 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 involved in the production and supply of strategic materials, focusing on rare earth elements and other critical minerals essential for various high-tech and industrial applications.

Average Trading Volume: 2,146,602

Technical Sentiment Signal: Hold

Current Market Cap: A$195.7M

See more data about ASM stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1