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Lord Resources Limited Issues New Unquoted Equity Securities

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Lord Resources Limited Issues New Unquoted Equity Securities

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Lord Resources Limited ( (AU:LRD) ) has issued an update.

Lord Resources Limited has announced the issuance of 8,000,000 unquoted equity securities, specifically options expiring on June 30, 2030, with an exercise price of $0.036. This move is part of the company’s strategy to strengthen its financial position and support its ongoing projects, potentially impacting its market standing and providing opportunities for stakeholders.

The most recent analyst rating on (AU:LRD) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Lord Resources Limited stock, see the AU:LRD Stock Forecast page.

More about Lord Resources Limited

Lord Resources Limited operates in the resources industry, focusing on the exploration and development of mineral resources. The company is involved in the acquisition and management of resource projects, aiming to enhance its portfolio and market presence.

Average Trading Volume: 3,626,336

Technical Sentiment Signal: Sell

Current Market Cap: A$3.36M

For detailed information about LRD stock, go to TipRanks’ Stock Analysis page.

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