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Dreadnought Resources Limited ( (AU:DRE) ) has provided an update.
Dreadnought Resources Limited has announced a proposed issue of 514,285,713 ordinary fully paid securities, scheduled for issuance on October 16, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s capital structure and market presence by increasing the number of securities available for trading.
The most recent analyst rating on (AU:DRE) stock is a Buy with a A$0.05 price target. To see the full list of analyst forecasts on Dreadnought Resources Limited stock, see the AU:DRE Stock Forecast page.
More about Dreadnought Resources Limited
Dreadnought Resources Limited operates in the resources industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the discovery and extraction of valuable minerals, positioning itself within the mining sector.
Average Trading Volume: 12,342,875
Technical Sentiment Signal: Buy
Current Market Cap: A$213.3M
For detailed information about DRE stock, go to TipRanks’ Stock Analysis page.