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Astro Resources NL ( (AU:VMS) ) has shared an announcement.
Venari Minerals NL announced the issuance of 1,950,000 fully paid ordinary shares as part of a binding option agreement to acquire property and water rights in Railroad Valley, Nevada. This move is part of the company’s strategy to expand its asset base, potentially enhancing its market position and operational capabilities.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
More about Astro Resources NL
Venari Minerals NL operates in the mining industry, focusing on mineral exploration and development. The company is involved in securing mineral assets and associated rights, as evidenced by their recent acquisition in Railroad Valley, Nevada.
Average Trading Volume: 195,856
Technical Sentiment Signal: Sell
Current Market Cap: A$17.44M
For detailed information about VMS stock, go to TipRanks’ Stock Analysis page.