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Elementos Limited ( (AU:ELT) ) has shared an update.
Elementos Limited has made significant progress in advancing its Oropesa Tin Project in Spain, with the submission of key license documentation and the completion of a Definitive Feasibility Study confirming the project’s viability. The company has declared a Maiden Ore Reserve Estimate and is conducting metallurgical testwork with Atlantic Copper. Additionally, Elementos has secured a strategic investment from Metals X and appointed new directors, while also repaying a facility to its Chairman and establishing a new financial facility.
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 is a company focused on advancing tin assets in the mining industry, particularly in Andalucía, Spain, and Tasmania, Australia. The company is primarily engaged in developing the Oropesa Tin Project in Spain and aims to restart the Cleveland Tin Mine in Tasmania. Elementos is working towards a vertically integrated tin supply chain within the European Union, with strategic initiatives including acquiring a stake in the Robledallano Tin Smelter and partnering with Atlantic Copper.
Average Trading Volume: 245,522
Technical Sentiment Signal: Buy
Current Market Cap: A$39.84M
Find detailed analytics on ELT stock on TipRanks’ Stock Analysis page.