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DroneShield Limited ( (AU:DRO) ) has provided an announcement.
DroneShield Limited has announced the application for quotation of 31,161,833 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of the company’s strategic efforts to enhance its market presence and operational capabilities, potentially impacting its positioning within the defense and security industry by expanding its financial resources.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$5.30 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
More about DroneShield Limited
DroneShield Limited operates in the defense and security industry, specializing in the development and production of advanced drone detection and countermeasure technologies. The company focuses on providing solutions to protect critical infrastructure and public safety from drone threats.
Average Trading Volume: 17,611,884
Technical Sentiment Signal: Buy
Current Market Cap: A$3.35B
For an in-depth examination of DRO stock, go to TipRanks’ Overview page.