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Elementos Limited ( (AU:ELT) ) has issued an announcement.
Elementos Limited reported that all resolutions put to shareholders at its 21 January 2026 general meeting were passed by poll, with strong support from proxy voters. The approvals included ratifying a prior issue of 21,428,572 shares under an initial placement and authorising the issue of up to 9,701,261 shares to Metals X under a conditional placement, reinforcing the company’s capital-raising efforts to fund its tin project portfolio and underpin its strategic positioning in the tightening global tin market.
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
Elementos Limited is an ASX-listed resources company focused on the exploration, development and production of tin projects globally. It owns two large tin assets in mining-friendly jurisdictions and aims to operate as a pure tin platform, targeting growing demand driven by electrification, green energy, automation, electric vehicles and the shift to lead-free solders amid a forecast global tin supply shortfall.
Average Trading Volume: 286,822
Technical Sentiment Signal: Buy
Current Market Cap: A$136M
For a thorough assessment of ELT stock, go to TipRanks’ Stock Analysis page.