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Duratec Limited ( (AU:DUR) ) has shared an announcement.
Duratec Limited has announced the issuance of 4,600,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) as of September 1, 2025. This move is part of the company’s strategy to enhance its market presence and potentially increase its capital base, which could have significant implications for its growth and stakeholder value.
The most recent analyst rating on (AU:DUR) stock is a Buy with a A$1.90 price target. To see the full list of analyst forecasts on Duratec Limited stock, see the AU:DUR Stock Forecast page.
More about Duratec Limited
Duratec Limited operates in the construction and engineering industry, focusing on providing specialized services such as building and infrastructure maintenance and refurbishment. The company targets various sectors, including defense, mining, and industrial markets, aiming to deliver innovative and sustainable solutions.
Average Trading Volume: 371,333
Technical Sentiment Signal: Buy
Current Market Cap: A$467.8M
Learn more about DUR stock on TipRanks’ Stock Analysis page.