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An announcement from Elementos Limited ( (AU:ELT) ) is now available.
Elementos Limited has applied to the ASX for quotation of 510,891 new fully paid ordinary shares, to be traded under its existing ticker ELT. The new securities arise from the exercise or conversion of existing options or other convertible instruments, modestly increasing the company’s quoted capital base and potentially providing additional funding flexibility for ongoing corporate and project activities.
The most recent analyst rating on (AU:ELT) stock is a Hold with a A$0.44 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
Average Trading Volume: 277,407
Technical Sentiment Signal: Buy
Current Market Cap: A$144.5M
Find detailed analytics on ELT stock on TipRanks’ Stock Analysis page.