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An update from Delta Lithium Limited ( (AU:DLI) ) is now available.
Delta Lithium Limited has successfully completed the demerger and IPO of its Mt Ida Gold Project into Ballard Mining Limited, enhancing its balance sheet by over $80 million. This strategic move allows Delta to focus on its lithium portfolio, with ongoing exploration and drilling activities at Yinnetharra and Mt Ida, potentially increasing its lithium and rubidium resources.
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 primarily on lithium exploration and development. The company has recently spun out its gold assets into a separate entity, Ballard Mining Limited, to concentrate on its core lithium business, while still retaining a significant shareholding in Ballard.
Average Trading Volume: 1,000,322
Technical Sentiment Signal: Sell
Current Market Cap: A$121.9M
Find detailed analytics on DLI stock on TipRanks’ Stock Analysis page.