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Core Lithium Ltd ( (AU:CXO) ) has provided an announcement.
Core Lithium Ltd has applied to the ASX for quotation of 2,000,000 new ordinary fully paid shares, to be issued on 2 February 2026 following the exercise or conversion of existing options or other convertible securities. The modest increase in issued capital reflects ongoing equity-based activity and may incrementally enhance liquidity in CXO shares, though it does not signal a major change in the company’s capital structure or operational strategy at this stage.
The most recent analyst rating on (AU:CXO) stock is a Hold with a A$0.23 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 is an Australian-listed resources company focused on the exploration and development of lithium assets, with its ordinary shares traded on the ASX under the code CXO. The company operates in the battery minerals sector, targeting the growing demand for lithium used in electric vehicles and energy storage technologies.
YTD Price Performance: -14.55%
Average Trading Volume: 29,442,415
Technical Sentiment Signal: Buy
Current Market Cap: A$625.2M
For detailed information about CXO stock, go to TipRanks’ Stock Analysis page.