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The latest announcement is out from Imugene ( (AU:IMU) ).
Imugene Limited has announced the application for quotation of 92,495 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of the company’s strategic efforts to strengthen its financial position and support its ongoing development projects in cancer immunotherapy, potentially impacting its market positioning and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:IMU) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on Imugene stock, see the AU:IMU Stock Forecast page.
More about Imugene
Imugene Limited operates in the biotechnology industry, focusing on the development of innovative immunotherapies for cancer treatment. The company is committed to enhancing the immune system’s ability to fight cancer, with a market focus on advancing its pipeline of oncology products.
Average Trading Volume: 560,858
Technical Sentiment Signal: Sell
Current Market Cap: A$93.35M
For a thorough assessment of IMU stock, go to TipRanks’ Stock Analysis page.