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An update from Elementos Limited ( (AU:ELT) ) is now available.
Elementos Limited has issued 17,499,999 fully paid ordinary shares at $0.28 each as part of a placement, with plans to issue an additional 3,928,573 shares in January 2026. This move is part of Elementos’ strategy to strengthen its financial position and support its tin projects, aligning with its goal to address the forecasted tin supply shortfall due to rising global demand.
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 focused on the exploration, development, and production of tin projects globally. The company owns two significant tin projects with large resource bases in mining-friendly regions, aiming to address the anticipated tin supply shortfall driven by increased global demand from electrification and green energy initiatives.
Average Trading Volume: 279,641
Technical Sentiment Signal: Buy
Current Market Cap: A$93.56M
Find detailed analytics on ELT stock on TipRanks’ Stock Analysis page.