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An announcement from Elementos Limited ( (AU:ELT) ) is now available.
Elementos Limited has completed a non-renounceable entitlement offer, issuing 2,785,272 new shares at $0.28 each to raise approximately $779,876 before costs. The new shares, allotted under the entitlement and shareholder top-up offers on a one-for-thirty basis, are scheduled to begin normal trading on the ASX on 24 December 2025, modestly strengthening the company’s capital position as it advances its tin project portfolio in a tightening global tin market.
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 an Australia-based resources company focused on the safe and environmentally conscious exploration, development and production of tin projects globally. It owns two large, world-class tin assets in mining-friendly jurisdictions and positions itself as a pure tin platform, aiming to capitalise on a forecast supply shortfall driven by reduced output from major tin miners and rising demand from electrification, green energy, automation, electric vehicles and lead-free solder applications.
Average Trading Volume: 318,648
Technical Sentiment Signal: Buy
Current Market Cap: A$96.93M
Find detailed analytics on ELT stock on TipRanks’ Stock Analysis page.