Delta Lithium Updates Capital Return Announcement

Delta Lithium Limited ( (AU:DLI) ) has issued an announcement.

Delta Lithium Limited has announced an update to its previous notification regarding a return of capital by way of in specie distribution of securities in another entity. This update involves changes to specific dates related to the distribution process. The announcement indicates that the entity whose securities are being distributed is planning to list on the ASX, which could potentially impact Delta Lithium’s market position and stakeholder interests.

The most recent analyst rating on (AU:DLI) stock is a Buy with a A$0.70 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, a key component in battery technology and electric vehicles. The company is listed on the Australian Securities Exchange (ASX) under the code DLI.

Average Trading Volume: 821,679

Technical Sentiment Signal: Hold

Current Market Cap: A$129M

For an in-depth examination of DLI stock, go to TipRanks’ Stock Analysis page.