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The latest announcement is out from DroneShield Limited ( (AU:DRO) ).
DroneShield Limited has announced the issuance of 80,000 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code DRO. This move is part of the company’s strategic financial operations, potentially enhancing its market presence and providing additional capital for growth and development in the drone defense sector.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$1.30 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 production of advanced drone detection and mitigation technologies. The company focuses on providing solutions to counter unmanned aerial threats, catering to military, government, and commercial markets globally.
Average Trading Volume: 12,485,016
Technical Sentiment Signal: Buy
Current Market Cap: A$1.87B
See more insights into DRO stock on TipRanks’ Stock Analysis page.