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Hazer Group Ltd. ( (AU:HZR) ) has shared an update.
Hazer Group Ltd has successfully raised over $1 million through the issuance of shares as part of the second tranche of a previously announced placement. This move, approved at the 2025 AGM, involved issuing shares to directors and management, as well as awarding shares to the Managing Director and CEO as part of his incentive package. The issuance aligns with the company’s strategic financial management and does not impact its placement capacities, potentially strengthening its market position and stakeholder confidence.
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 is an Australian technology company focused on global decarbonisation through its innovative climate-tech solutions. The company specializes in producing clean hydrogen and high-quality graphite using natural gas or biogas feedstock and iron-ore as a catalyst.
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.