tiprankstipranks
Trending News
More News >

DroneShield Limited Announces Quotation of New Securities

Story Highlights

Protect Your Portfolio Against Market Uncertainty

An announcement from DroneShield Limited ( (AU:DRO) ) is now available.

DroneShield Limited has announced the application for quotation of 625,000 ordinary fully paid securities on the Australian Securities Exchange (ASX), with an issue date of April 24, 2025. This move could potentially enhance the company’s capital base, supporting its growth and strengthening its position in the competitive drone defense market.

More about DroneShield Limited

DroneShield Limited operates in the defense and security industry, specializing in the development and production of advanced drone detection and mitigation technologies. The company focuses on providing solutions to counter drone threats for military, government, and commercial sectors.

YTD Price Performance: 62.13%

Average Trading Volume: 259,462

Technical Sentiment Signal: Strong Sell

Current Market Cap: $665.8M

For detailed information about DRO stock, go to 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