Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Prospect Resources Ltd. ( (AU:PSC) ) has provided an update.
Prospect Resources Limited has announced the quotation of additional securities on the Australian Securities Exchange (ASX). The company is issuing a total of 3,046,250 fully paid ordinary shares, with the majority being issued on September 4, 2025. This move is part of the company’s strategy to leverage options being exercised or other convertible securities being converted, potentially impacting its financial flexibility and market capitalization.
The most recent analyst rating on (AU:PSC) stock is a Buy with a A$0.45 price target. To see the full list of analyst forecasts on Prospect Resources Ltd. stock, see the AU:PSC Stock Forecast page.
More about Prospect Resources Ltd.
Average Trading Volume: 583,335
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$140.1M
See more data about PSC stock on TipRanks’ Stock Analysis page.