Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
European Lithium ( (AU:EUR) ) has provided an update.
European Lithium Ltd has sold 3.85 million shares of Critical Metals Corp to a US institutional investor for US$50 million, reflecting strong demand for CRML shares. This transaction highlights the significant value of European Lithium’s holdings in CRML, which, based on current market valuations, far exceed the company’s market capitalization, positioning it strategically in the critical metals sector.
More about European Lithium
European Lithium Limited is an exploration and development stage mining company focused mainly on lithium, rare earth, precious metals, and base metals in Austria, Ireland, Ukraine, and Australia.
YTD Price Performance: 435.71%
Average Trading Volume: 7,375,568
Technical Sentiment Signal: Buy
Current Market Cap: A$327.7M
See more insights into EUR stock on TipRanks’ Stock Analysis page.