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The latest update is out from Elementos Limited ( (AU:ELT) ).
Elementos Limited has completed a Definitive Feasibility Study (DFS) for its Oropesa Tin Project, assessing the technical and economic viability of the development. The study estimates a capital cost of €149 million and highlights potential partnerships or sales strategies to fund the project. While the company is optimistic about the project’s prospects, it acknowledges various risks and uncertainties that could impact its execution and financial performance.
The most recent analyst rating on (AU:ELT) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on Elementos Limited stock, see the AU:ELT Stock Forecast page.
More about Elementos Limited
Elementos Limited operates in the mining industry, focusing on the exploration and development of tin resources. The company is primarily engaged in advancing the Oropesa Tin Project, aiming to deliver Europe’s only tin supply, with a market focus on providing a stable source of this critical mineral.
YTD Price Performance: 157.14%
Average Trading Volume: 128,338
Technical Sentiment Signal: Hold
Current Market Cap: A$53.12M
See more data about ELT stock on TipRanks’ Stock Analysis page.