tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Delta Lithium Issues New Shares to Bolster Operations

Story Highlights
Delta Lithium Issues New Shares to Bolster Operations

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Delta Lithium Limited ( (AU:DLI) ) has provided an update.

Delta Lithium Limited has announced the issuance of 690,000 fully paid ordinary shares following the conversion of performance rights. This move is part of the company’s ongoing efforts to enhance its operational capabilities and shareholder value, aligning with its strategic focus on lithium exploration and development.

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 (ASX: DLI) is an exploration and development company focused on lithium-bearing pegmatite deposits in Western Australia. The company is advancing its lithium projects, including the Mt Ida and Yinnetharra Lithium Projects, while also holding a significant stake in Ballard Mining Limited, which focuses on the Mt Ida Gold Project.

Average Trading Volume: 962,804

Technical Sentiment Signal: Sell

Current Market Cap: A$118.2M

Find detailed analytics on DLI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1