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An announcement from High-Tech Metals Limited ( (AU:HTM) ) is now available.
High-Tech Metals has completed a share placement, issuing 3,000,000 fully paid ordinary shares at $0.25 each to raise $750,000 before costs under its ASX Listing Rule 7.1 placement capacity. The placement, offered to eligible optionholders who were unable to exercise their options before expiry, strengthens the company’s working capital and provides additional funding to advance exploration at its Mt Fisher and Mt Eureka projects, supporting ongoing operational momentum and exploration-led growth objectives.
The most recent analyst rating on (AU:HTM) stock is a Hold with a A$0.33 price target. To see the full list of analyst forecasts on High-Tech Metals Limited stock, see the AU:HTM Stock Forecast page.
More about High-Tech Metals Limited
High-Tech Metals Ltd (ASX: HTM) is an Australian-listed company focused on the exploration and development of mineral projects, including the Mt Fisher and Mt Eureka Projects, positioning itself within the high-tech and critical metals segment of the resources sector.
Average Trading Volume: 132,278
Technical Sentiment Signal: Buy
Current Market Cap: A$31.71M
For an in-depth examination of HTM stock, go to TipRanks’ Overview page.