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Elementos Limited ( (AU:ELT) ) has issued an update.
Elementos Limited has announced a proposed issue of 58,962,264 fully paid ordinary securities, scheduled for issuance on May 23, 2025. This move is part of the company’s strategy to raise capital, potentially strengthening its financial position and supporting its ongoing projects in the mining sector.
More about Elementos Limited
Elementos Limited operates in the mining industry, focusing on the exploration and development of tin projects. The company aims to supply the growing demand for tin, which is a critical component in electronics and various industrial applications.
YTD Price Performance: 21.43%
Average Trading Volume: 217,623
Technical Sentiment Signal: Sell
Current Market Cap: A$20.07M
For detailed information about ELT stock, go to TipRanks’ Stock Analysis page.