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An announcement from Galan Lithium Limited ( (AU:GLN) ) is now available.
Galan Lithium Limited has issued 9,090,910 fully paid ordinary shares as part of a placement announced in April 2025. This issuance, conducted without disclosure under the Corporations Act, allows the shares to be sold under an exemption, potentially impacting the company’s market liquidity and investor interest.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
More about Galan Lithium Limited
Galan Lithium Limited operates in the mining industry, focusing on the exploration and development of lithium projects. The company is primarily involved in producing lithium, a key component in battery technology, which is crucial for the growing electric vehicle market.
Average Trading Volume: 2,929,164
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$94.58M
Find detailed analytics on GLN stock on TipRanks’ Stock Analysis page.
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