Edison Lithium (TSE:EDDY) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Edison Lithium Corp. has terminated its letter of intent with Meteor Energy, LLC to sell its stake in Argentinian lithium properties, and is seeking new potential buyers. Additionally, due to tough market conditions, the company has postponed the spin-out of its subsidiary Edison Cobalt Corp. Edison Lithium continues to focus on developing its portfolio of energy metal properties to serve the battery industry.
For further insights into TSE:EDDY stock, check out TipRanks’ Stock Analysis page.