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Elevra Lithium ( (AU:ELV) ) just unveiled an update.
Elevra Lithium Limited has issued 372,486 new ordinary fully paid shares following the conversion of previously unquoted options or other unquoted convertible securities. The additional equity, effective from 19 January 2026, modestly increases the company’s share base and reflects the exercise of previously granted securities, which may signal confidence from holders and provide incremental capital structure flexibility for the ASX-listed lithium company.
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-listed company in the lithium sector, with its ordinary fully paid shares traded on the ASX under the ticker ELV.
Average Trading Volume: 1,167,392
Technical Sentiment Signal: Hold
Current Market Cap: A$1.54B
For an in-depth examination of ELV stock, go to TipRanks’ Overview page.