tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Northern Minerals Seeks Court Order to Defer AGM Amid Share Ownership Review

Story Highlights
Northern Minerals Seeks Court Order to Defer AGM Amid Share Ownership Review

TipRanks Cyber Monday Sale

Northern Minerals Limited ( (AU:NTU) ) has provided an announcement.

Northern Minerals Limited has sought a court order to defer its 2025 Annual General Meeting due to ongoing considerations regarding the beneficial ownership of its shares. The company has referred potential breaches of foreign investment laws to the Foreign Investment Division of the Department of Treasury, as it prepares for detailed funding negotiations for its Browns Range project. The decision to seek a deferral is part of Northern Minerals’ commitment to transparency and compliance with regulatory requirements, ensuring that no breaches have occurred. The outcome of this process could impact the company’s operations and its engagement with stakeholders, as it awaits the regulator’s review.

The most recent analyst rating on (AU:NTU) stock is a Buy with a A$0.07 price target. To see the full list of analyst forecasts on Northern Minerals Limited stock, see the AU:NTU Stock Forecast page.

More about Northern Minerals Limited

Northern Minerals Limited is an Australian company focused on the heavy rare earths industry. The company is primarily involved in the development of the Browns Range project, which is a significant source of rare earth elements. Northern Minerals is listed on the Australian Securities Exchange (ASX) and is committed to complying with all relevant rules and regulations, including those related to foreign investment and share ownership.

Average Trading Volume: 38,014,503

Technical Sentiment Signal: Sell

Current Market Cap: A$315M

Learn more about NTU stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1