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Elementos Limited ( (AU:ELT) ) has provided an update.
Elementos Limited has issued 3,928,573 fully paid ordinary shares at $0.28 per share under a placement, following its November 2025 announcement, and has lodged the associated Appendix 2A with the ASX. The company confirmed that the capital raising was conducted without a prospectus under the relevant Corporations Act provisions, and that it remains compliant with its financial reporting and continuous disclosure obligations, signalling a routine but material step in strengthening its capital base to support its tin-focused growth strategy.
The most recent analyst rating on (AU:ELT) stock is a Hold with a A$0.44 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 is an ASX-listed resources company focused on the exploration, development and production of tin projects globally. The company owns two large resource-base tin projects in mining-friendly jurisdictions and positions itself as a pure tin platform, aiming to capitalise on a forecast supply shortfall driven by declining output from major producers and rising demand linked to electrification, green energy, automation, electric vehicles and lead-free solders.
Average Trading Volume: 277,407
Technical Sentiment Signal: Buy
Current Market Cap: A$144.5M
Learn more about ELT stock on TipRanks’ Stock Analysis page.