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An announcement from Elevate Uranium Ltd ( (AU:EL8) ) is now available.
Elevate Uranium Ltd has requested and been granted a trading halt on its securities on the ASX as it finalises a material acquisition, with the halt effective from 19 December 2025. Trading in the company’s shares is expected to resume by 23 December 2025 or upon the release of further details on the acquisition, a move that signals a potentially significant expansion or strategic shift in Elevate Uranium’s operations and may have important implications for investors once the transaction is disclosed.
The most recent analyst rating on (AU:EL8) stock is a Hold with a A$0.29 price target. To see the full list of analyst forecasts on Elevate Uranium Ltd stock, see the AU:EL8 Stock Forecast page.
More about Elevate Uranium Ltd
Elevate Uranium Ltd is an Australian-listed company focused on uranium exploration and development, with its securities traded on the ASX under the ticker EL8. The company operates from West Perth, Western Australia, and targets opportunities in the global uranium sector.
Average Trading Volume: 1,774,311
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$123.4M
Learn more about EL8 stock on TipRanks’ Stock Analysis page.