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The latest update is out from Delta Lithium Limited ( (AU:DLI) ).
Delta Lithium Limited has a market capitalization of A$147 million and holds A$55 million in cash, with an enterprise value of A$92 million. The company’s major shareholders include Mineral Resources, Idemitsu, and Hancock Prospecting, indicating strong backing from significant industry players. This financial positioning and shareholder structure suggest a stable foundation for future growth and potential expansion in the lithium market.
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 production of lithium. The company is involved in the development of lithium resources, which are crucial for the growing demand in battery production and renewable energy sectors.
Average Trading Volume: 1,019,860
Technical Sentiment Signal: Buy
Current Market Cap: A$150.6M
Learn more about DLI stock on TipRanks’ Stock Analysis page.