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An update from Elementos Limited ( (AU:ELT) ) is now available.
Elementos Limited has completed a Definitive Feasibility Study (DFS) for its Oropesa Tin Project, assessing its technical and economic viability. The study estimates a capital cost of €149 million and outlines plans for potential third-party partnerships or partial sales to advance the project. The announcement emphasizes the project’s significance in securing a tin supply for Europe, but also notes uncertainties and risks that could impact the project’s financial performance and shareholder value.
The most recent analyst rating on (AU:ELT) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on Elementos Limited stock, see the AU:ELT Stock Forecast page.
More about Elementos Limited
Elementos Limited operates in the mining industry, focusing on the extraction and supply of tin. The company is engaged in developing the Oropesa Tin Project, which is positioned as Europe’s only tin supply, highlighting its strategic market focus on the European tin market.
Average Trading Volume: 244,465
Technical Sentiment Signal: Hold
Current Market Cap: A$35.41M
For a thorough assessment of ELT stock, go to TipRanks’ Stock Analysis page.