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European Lithium ( (AU:EUR) ) has issued an announcement.
European Lithium Limited has announced the issuance of 3,878,206 unlisted options, each with an exercise price of $0.08 and expiring on December 31, 2026. This strategic move, part of previously announced transactions, aims to bolster the company’s financial flexibility and support its ongoing projects, potentially enhancing its market position in the lithium sector.
The most recent analyst rating on (AU:EUR) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on European Lithium stock, see the AU:EUR Stock Forecast page.
More about European Lithium
European Lithium Limited operates in the mining industry, focusing on the exploration and development of lithium resources. The company is primarily engaged in the production of lithium, a critical component in the manufacture of batteries, particularly for electric vehicles and renewable energy storage solutions.
Average Trading Volume: 21,328,011
Technical Sentiment Signal: Buy
Current Market Cap: A$274.7M
Learn more about EUR stock on TipRanks’ Stock Analysis page.