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An update from DroneShield Limited ( (AU:DRO) ) is now available.
DroneShield Limited has announced the application for the quotation of 248,695 ordinary fully paid securities on the Australian Securities Exchange (ASX), effective May 29, 2025. This move is part of the company’s strategic efforts to enhance its market presence and operational capabilities, potentially impacting its industry positioning by increasing its financial resources and shareholder base.
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 worldwide.
Average Trading Volume: 11,405,412
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.13B
For detailed information about DRO stock, go to TipRanks’ Stock Analysis page.