European Lithium Seeks ASX Quotation for 17.5 Million New Shares

European Lithium ( (AU:EUR) ) has shared an announcement.

European Lithium Limited has applied to the ASX for quotation of 17.5 million new ordinary fully paid shares, to be listed under its existing ticker EUR as of 19 January 2026. The additional securities, resulting from the exercise or conversion of existing options or convertible instruments, will expand the company’s listed share base and may provide additional capital flexibility as it advances its lithium assets in an increasingly competitive battery materials market.

The most recent analyst rating on (AU:EUR) stock is a Hold with a A$0.27 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 is an Australia-listed resources company focused on the exploration and development of lithium projects, with its ordinary fully paid shares traded on the ASX under the code EUR. The company operates within the battery minerals sector, targeting supply to the growing electric vehicle and energy storage markets that rely on lithium as a key input.

YTD Price Performance: 74.19%

Average Trading Volume: 15,267,350

Technical Sentiment Signal: Buy

Current Market Cap: A$463.6M

For a thorough assessment of EUR stock, go to TipRanks’ Stock Analysis page.