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European Lithium Seeks ASX Quotation for Nearly 5 Million New Shares

Story Highlights
  • European Lithium has applied to quote 4,996,662 new fully paid ordinary shares on the ASX.
  • The new shares arise from exercised options or convertibles, modestly expanding capital and liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
European Lithium Seeks ASX Quotation for Nearly 5 Million New Shares

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

European Lithium Limited has applied for quotation on the ASX of 4,996,662 new fully paid ordinary shares, issued on 27 January 2026 following the exercise or conversion of existing options or other convertible securities. The additional share quotation modestly expands the company’s issued capital base, potentially improving liquidity in its stock and signalling continued progression of its capital management and project funding strategy within the lithium sector.

The most recent analyst rating on (AU:EUR) stock is a Hold with a A$0.30 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 company focused on lithium exploration and development, positioning itself within the battery minerals sector as demand for lithium used in electric vehicles and energy storage continues to grow.

Average Trading Volume: 12,989,580

Technical Sentiment Signal: Buy

Current Market Cap: A$529M

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

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