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Element 25 Limited ( (AU:E25) ) has shared an announcement.
Element 25 Limited has announced the issuance of 36,323,146 fully paid ordinary shares following a recent placement. This move is part of their strategic financial operations, potentially enhancing their capital structure and supporting future growth initiatives. The company has complied with relevant provisions of the Corporations Act, ensuring transparency and adherence to regulatory standards.
The most recent analyst rating on (AU:E25) stock is a Buy with a A$1.63 price target. To see the full list of analyst forecasts on Element 25 Limited stock, see the AU:E25 Stock Forecast page.
More about Element 25 Limited
Element 25 Limited operates in the mining industry, focusing on the production and development of manganese projects. The company is primarily engaged in the extraction and processing of manganese, a critical component in steel production and battery technology.
Average Trading Volume: 224,597
Technical Sentiment Signal: Sell
Current Market Cap: A$71.53M
For a thorough assessment of E25 stock, go to TipRanks’ Stock Analysis page.