Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
DroneShield Limited ( (AU:DRO) ) has issued an announcement.
DroneShield Limited has announced the issuance of 100,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code DRO. This move is part of the company’s strategy to enhance its capital structure, potentially strengthening its market position and providing additional resources for growth and development in the drone defense sector.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
More about DroneShield Limited
DroneShield Limited operates in the defense and security industry, specializing in the development and sale of advanced drone detection and mitigation technologies. The company focuses on providing solutions to counter unmanned aerial threats for military, government, and commercial sectors.
Average Trading Volume: 16,800,248
Technical Sentiment Signal: Buy
Current Market Cap: A$3.28B
See more data about DRO stock on TipRanks’ Stock Analysis page.