Archer Materials Showcases Strong Financial Position
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 19 2024
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Source: Business Insider
Company Overview: Archer Materials Limited (AU:AXE) has a market capitalization of $99 million, a share price of $0.39, and is debt-free with $16 million in cash, making it an attractive option for investors.
Shareholder Information: The top 20 shareholders own 21% of the total issued shares, indicating a concentrated ownership structure within the company.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
