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Elementos Limited ( (AU:ELT) ) has shared an announcement.
Elementos Limited has announced a proposed issue of securities, which includes a standard pro rata issue and a placement, totaling over 41 million fully paid ordinary shares. This move is expected to enhance the company’s capital structure, potentially strengthening its market position and providing additional resources for its ongoing projects.
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 primarily on the exploration and development of tin resources. The company is known for its efforts in advancing tin projects and contributing to the global supply of this essential metal.
YTD Price Performance: 307.14%
Average Trading Volume: 275,540
Technical Sentiment Signal: Buy
Current Market Cap: A$88.98M
See more insights into ELT stock on TipRanks’ Stock Analysis page.