TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Core Lithium Ltd ( (AU:CXO) ) has issued an announcement.
Core Lithium Ltd has issued 198,125,292 ordinary shares at A$0.105 per share to institutional and professional investors as part of an institutional placement. This move, announced on 28 August 2025, is part of the company’s strategy to strengthen its financial position and expand its market presence, complying with the necessary regulatory obligations.
The most recent analyst rating on (AU:CXO) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Core Lithium Ltd stock, see the AU:CXO Stock Forecast page.
More about Core Lithium Ltd
Core Lithium Ltd operates in the mining industry, focusing on the extraction and production of lithium, a key component in battery manufacturing. The company targets institutional and professional investors, positioning itself as a significant player in the lithium market.
Average Trading Volume: 9,469,054
Technical Sentiment Signal: Sell
Current Market Cap: A$258.6M
For detailed information about CXO stock, go to TipRanks’ Stock Analysis page.