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
The latest announcement is out from Delta Lithium Limited ( (AU:DLI) ).
Delta Lithium Limited has become a substantial holder in Ballard Mining Limited, acquiring a 54.64% voting power through the purchase of 185,764,586 fully paid ordinary shares. This acquisition, finalized on July 9, 2025, enhances Delta’s influence in Ballard, potentially impacting its operational strategies and market positioning. The move aligns with Delta’s strategic interests in expanding its footprint in the lithium mining sector, which could have significant implications for stakeholders, including increased market competitiveness and potential growth opportunities.
The most recent analyst rating on (AU:DLI) stock is a Buy with a A$0.35 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
Delta Lithium Limited operates in the mining industry, focusing on the extraction and processing of lithium, a critical component in battery production. The company is strategically positioned to capitalize on the growing demand for lithium in the renewable energy and electric vehicle sectors.
Average Trading Volume: 893,656
Technical Sentiment Signal: Sell
Current Market Cap: A$125.4M
See more insights into DLI stock on TipRanks’ Stock Analysis page.