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The latest update is out from Delta Lithium Limited ( (AU:DLI) ).
Ballard Mining Limited is launching an initial public offering (IPO) to raise between $25 million and $30 million through the issuance of 100 to 120 million shares at $0.25 each. The offering includes a priority offer for eligible Delta Shareholders and offers various incentive options to directors and advisors. The investment is considered highly speculative, with potential risks outlined in the prospectus.
The most recent analyst rating on (AU:DLI) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Delta Lithium Limited stock, see the AU:DLI Stock Forecast page.
More about Delta Lithium Limited
Average Trading Volume: 833,014
Technical Sentiment Signal: Sell
Current Market Cap: A$136.1M
For a thorough assessment of DLI stock, go to TipRanks’ Stock Analysis page.