Askari Metals Limited ( (AU:AS2) ) just unveiled an announcement.
Askari Metals Limited has requested a trading halt on its securities pending an announcement regarding a capital raising initiative. The funds from this placement will support the company’s African exploration strategy and further development of its Uis Project in Namibia, potentially impacting its operational capabilities and market positioning.
More about Askari Metals Limited
Askari Metals Limited operates in the mining industry, focusing on exploration and development of mineral resources. The company primarily targets tin and tantalum mineralisation, with a significant market focus on its Uis Project in Namibia.
YTD Price Performance: -16.67%
Average Trading Volume: 2,281,388
Technical Sentiment Signal: Buy
Current Market Cap: A$2.5M
For detailed information about AS2 stock, go to TipRanks’ Stock Analysis page.