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An announcement from European Lithium ( (AU:EUR) ) is now available.
European Lithium Limited has announced the application for quotation of 28,751,372 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of the company’s strategic efforts to enhance its financial flexibility and support its ongoing projects, potentially strengthening its market position and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:EUR) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on European Lithium stock, see the AU:EUR Stock Forecast page.
More about European Lithium
European Lithium Limited operates in the mining industry, focusing on the exploration and development of lithium resources. The company is primarily engaged in the production and supply of lithium, a critical component in battery technology and electric vehicles, positioning itself within the growing market for renewable energy and electric mobility.
Average Trading Volume: 16,318,383
Technical Sentiment Signal: Buy
Current Market Cap: A$356.1M
See more insights into EUR stock on TipRanks’ Stock Analysis page.