Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from Altamin Limited ( (AU:AZI) ).
Altamin’s December quarter report details steady technical and permitting progress across its Italian portfolio, led by the Lazio Project, where marketing, logistics and process plant engineering studies are advancing towards a scoping study targeted for the first half of 2026. The company has deepened collaboration with Italian institutions, including the National Research Council and the University of Rome Tre, supported by grants from Italy’s environment ministry and EU-aligned innovation programs, while post-quarter work includes independent marketing and logistics reports and development of a dynamic reservoir model to underpin scoping and permitting. At the Gorno zinc-silver project, Altamin is maintaining all permits in good standing as it works with adviser Argent Partners to attract a buyer or strategic partner, a process buoyed by stronger silver prices and the EU’s focus on critical raw material security. Financially, Altamin has strengthened its balance sheet with a fully subscribed entitlement offer and shortfall placement raising A$5.39 million before costs, ending the quarter with A$3.9 million in cash and signalling a strategy centred on de-risking its projects through technical work, permitting progress, partnerships and grant funding, which collectively enhance the longer-term development prospects of its Italian assets.
The most recent analyst rating on (AU:AZI) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Altamin Limited stock, see the AU:AZI Stock Forecast page.
More about Altamin Limited
Altamin Limited is an ASX-listed resources company focused on developing critical raw materials projects in Italy, notably the Lazio sulphate of potash and lithium brine project and the Gorno zinc-silver project. The company leverages expertise in Italian permitting, geothermal energy and potash processing, and is positioning its assets to benefit from Italy’s streamlined mining regulations and the European Union’s Critical Raw Materials Act, which aim to secure local supply of strategic minerals.
YTD Price Performance: -3.70%
Average Trading Volume: 404,874
Technical Sentiment Signal: Hold
Current Market Cap: A$20.6M
Find detailed analytics on AZI stock on TipRanks’ Stock Analysis page.