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An update from Estrella Resources Limited ( (AU:ESR) ) is now available.
Estrella Resources Limited has successfully secured a $3.75 million investment through a placement of 125 million shares at $0.03 each, representing a significant premium over recent trading values. The funds will be utilized to advance exploration and initiate a drilling program in Timor-Leste, which is expected to bolster the company’s operational capabilities and market positioning in the region.
More about Estrella Resources Limited
Estrella Resources Limited operates in the mining industry with a focus on exploration activities. The company is engaged in the discovery and development of mineral resources, primarily focusing on expanding its operations in Timor-Leste.
YTD Price Performance: 40.0%
Average Trading Volume: 5,304,337
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$51.33M
See more insights into ESR stock on TipRanks’ Stock Analysis page.
