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Element 25 Limited ( (AU:E25) ) has shared an announcement.
Element 25 Limited has issued 290,362 fully paid ordinary shares following the exercise of unlisted performance rights. This move, conducted without disclosure under the Corporations Act 2001, reflects the company’s compliance with relevant legislative provisions and indicates a strategic step in enhancing its capital structure, potentially impacting its market positioning and investor relations.
The most recent analyst rating on (AU:E25) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Element 25 Limited stock, see the AU:E25 Stock Forecast page.
More about Element 25 Limited
Element 25 Limited is a company operating in the mining industry, primarily focused on the production and development of manganese projects. It is listed on the ASX and OTCQX markets, and it aims to supply high-purity manganese products to the battery and steel industries.
Average Trading Volume: 525,379
Technical Sentiment Signal: Buy
Current Market Cap: A$80.81M
See more insights into E25 stock on TipRanks’ Stock Analysis page.