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Hazer Group Ltd. ( (AU:HZR) ) has provided an update.
Hazer Group Ltd. has announced the issuance of 120,853 fully paid ordinary securities, which will be quoted on the ASX. This move is part of an employee incentive scheme and reflects the company’s ongoing efforts to enhance its market presence and operational capabilities, potentially impacting its stakeholders by increasing liquidity and aligning employee interests with company performance.
The most recent analyst rating on (AU:HZR) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Hazer Group Ltd. stock, see the AU:HZR Stock Forecast page.
More about Hazer Group Ltd.
Hazer Group Ltd. operates in the technology sector, focusing on the development of innovative processes for the production of hydrogen and graphite. The company is known for its Hazer Process, which utilizes iron ore as a catalyst to convert natural gas into hydrogen and graphite, targeting markets interested in clean energy and advanced materials.
Average Trading Volume: 444,344
Technical Sentiment Signal: Buy
Current Market Cap: A$120.4M
See more insights into HZR stock on TipRanks’ Stock Analysis page.