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Ridley Corporation Limited ( (AU:RIC) ) has shared an announcement.
Ridley Corporation Limited has announced the quotation of 16,509,434 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of May 21, 2025. This move is part of a previously announced transaction and signifies the company’s ongoing efforts to strengthen its financial position and market presence, potentially impacting its stakeholders by enhancing liquidity and investor confidence.
The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.65 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.
More about Ridley Corporation Limited
Ridley Corporation Limited operates within the agriculture industry, focusing on the production and supply of animal nutrition solutions. The company is a key player in providing feed and nutrition products to livestock and aquaculture sectors, aiming to enhance animal health and productivity.
Average Trading Volume: 417,279
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$833.8M
Find detailed analytics on RIC stock on TipRanks’ Stock Analysis page.