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Astral Resources Issues Over 1.3 Million New Shares

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Astral Resources Issues Over 1.3 Million New Shares

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Astral Resources NL ( (AU:AAR) ) has provided an announcement.

Astral Resources NL has issued a total of 1,358,877 fully paid ordinary shares following the vesting, exercise, and conversion of unlisted options at different exercise prices. This move, executed without disclosure to investors under specific provisions of the Corporations Act, signifies the company’s compliance with regulatory requirements and reflects its strategic financial maneuvers to enhance shareholder value.

The most recent analyst rating on (AU:AAR) stock is a Buy with a A$0.45 price target. To see the full list of analyst forecasts on Astral Resources NL stock, see the AU:AAR Stock Forecast page.

More about Astral Resources NL

Astral Resources NL operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in the production of various minerals, contributing to the resource sector in Australia.

Average Trading Volume: 3,462,350

Technical Sentiment Signal: Buy

Current Market Cap: A$300.9M

For an in-depth examination of AAR stock, go to TipRanks’ Overview page.

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