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Dreadnought Resources Limited ( (AU:DRE) ) just unveiled an announcement.
Dreadnought Resources Limited has announced the issuance of 22 million fully paid ordinary shares to its directors as part of the second tranche of a placement initially announced in February 2025. This move follows shareholder approval received in May 2025 and is expected to enhance the company’s capital structure, potentially impacting its operational capabilities and market positioning.
The most recent analyst rating on (AU:DRE) stock is a Buy with a A$0.07 price target. To see the full list of analyst forecasts on Dreadnought Resources Limited stock, see the AU:DRE Stock Forecast page.
More about Dreadnought Resources Limited
Dreadnought Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in identifying and advancing mineral projects with significant potential.
Average Trading Volume: 8,471,511
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$63.18M
For an in-depth examination of DRE stock, go to TipRanks’ Stock Analysis page.