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Green Technology Metals Limited ( (AU:GT1) ) has provided an update.
Green Technology Metals Limited has announced a proposed issue of securities, including 6,000,000 options exercisable at $0.042 and expiring in three years, alongside 160,714,286 fully paid ordinary shares. This move is part of a strategic effort to raise capital, potentially enhancing the company’s financial position and supporting its growth initiatives in the green technology sector.
The most recent analyst rating on (AU:GT1) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Green Technology Metals Limited stock, see the AU:GT1 Stock Forecast page.
More about Green Technology Metals Limited
Green Technology Metals Limited operates in the green technology sector, focusing on the development and production of sustainable metal products. The company is involved in the exploration and development of lithium and other critical minerals essential for the renewable energy and electric vehicle industries.
Average Trading Volume: 1,002,287
Technical Sentiment Signal: Sell
Current Market Cap: A$15.68M
For detailed information about GT1 stock, go to TipRanks’ Stock Analysis page.