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Delta Lithium Limited ( (AU:DLI) ) has issued an announcement.
Delta Lithium Limited has successfully completed the demerger of its Mt Ida Gold asset into Ballard Mining Limited, a standalone gold-focused exploration company, allowing Delta to focus on its core lithium business. The demerger and Ballard’s IPO have strengthened Delta’s balance sheet and market positioning, while expanding its lithium footprint with new acquisitions at the Yinnetharra Lithium and Tantalum Project, setting the stage for further exploration and growth.
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 is a company operating in the mining industry, focusing on lithium and gold assets. It has recently separated its gold and lithium operations to concentrate on its core lithium business while providing investors exposure to a promising gold exploration company through Ballard Mining Limited.
Average Trading Volume: 967,254
Technical Sentiment Signal: Sell
Current Market Cap: A$118.2M
See more data about DLI stock on TipRanks’ Stock Analysis page.