Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Elevra Lithium ( (AU:ELV) ) just unveiled an announcement.
On January 22, 2026, Elevra Lithium Limited filed a Form 6-K with the U.S. Securities and Exchange Commission, detailing several announcements previously lodged with the Australian Securities Exchange earlier in January. The filings include an application for quotation of 47,660 new ordinary fully paid ELV shares issued on January 12, 2026, as settlement of vested Piedmont equity awards under a merger agreement, at an estimated consideration value of A$435,136. Following this issuance, Elevra’s quoted share capital rose to 169,376,771 ordinary shares, alongside unquoted performance rights and options, modestly expanding its equity base and further integrating legacy Piedmont incentives into Elevra’s capital structure, with potential for further share issuance if remaining legacy options are exercised.
The most recent analyst rating on (AU:ELV) stock is a Hold with a A$9.50 price target. To see the full list of analyst forecasts on Elevra Lithium stock, see the AU:ELV Stock Forecast page.
More about Elevra Lithium
Elevra Lithium Limited is an Australia-based lithium company listed on the ASX under the code ELV. The company’s core business is in the lithium sector, positioning it within the broader battery metals and energy-transition supply chain, with its shares traded in ordinary fully paid form and additional exposure through performance rights and options.
Average Trading Volume: 1,175,943
Technical Sentiment Signal: Hold
Current Market Cap: A$1.55B
For detailed information about ELV stock, go to TipRanks’ Stock Analysis page.