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Delorean Corporation Ltd ( (AU:DEL) ) has issued an announcement.
Delorean Corporation Ltd has reached a significant milestone with the completion of its largest construction contract, the Lilydale bioenergy facility, and is progressing with its first fully-owned project in South Australia. The company is expanding its build/own/operate clean energy infrastructure, with projects in New South Wales and Victoria, and aims to generate diverse revenue streams from these assets. Delorean’s strategic collaboration with Paper Australia Pty Ltd highlights its commitment to expanding its portfolio, while maintaining a balanced financial strategy through debt management and grant funding.
The most recent analyst rating on (AU:DEL) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Delorean Corporation Ltd stock, see the AU:DEL Stock Forecast page.
More about Delorean Corporation Ltd
Delorean Corporation Ltd operates in the bioenergy industry, focusing on the design, construction, and operation of bioenergy plants. The company is involved in renewable energy projects, including bioenergy facilities that produce biomethane and liquid biogenic CO2, and aims to transition to bioenergy infrastructure ownership.
Average Trading Volume: 165,335
Technical Sentiment Signal: Hold
Current Market Cap: A$31.94M
Learn more about DEL stock on TipRanks’ Stock Analysis page.