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The latest update is out from Northern Minerals Limited ( (AU:NTU) ).
Northern Minerals Limited has requested a trading halt on its securities pending an announcement related to a capital raise. This move indicates a potential strategic financial maneuver, which could impact the company’s operations and market positioning, as stakeholders await further details on the capital raise.
The most recent analyst rating on (AU:NTU) stock is a Buy with a A$0.07 price target. To see the full list of analyst forecasts on Northern Minerals Limited stock, see the AU:NTU Stock Forecast page.
More about Northern Minerals Limited
Northern Minerals Limited operates in the mining industry, focusing on the extraction and processing of rare earth elements. The company is known for its efforts in developing a supply chain for these critical minerals, which are essential for various high-tech and clean energy applications.
Average Trading Volume: 22,014,064
Technical Sentiment Signal: Buy
Current Market Cap: A$451.3M
See more data about NTU stock on TipRanks’ Stock Analysis page.