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Green Technology Metals Limited ( (AU:GT1) ) has issued an update.
Green Technology Metals Limited has announced the issuance of 118,792,510 fully paid ordinary shares as part of a two-tranche placement to raise A$4.5 million. This strategic move aims to utilize the company’s available placement capacity under ASX listing rules, potentially strengthening its financial position and supporting its growth plans in the lithium industry.
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 is a company focused on building a vertically integrated lithium business in Ontario, Canada. The company operates in the green technology sector, primarily dealing with lithium, which is a crucial component in battery production and renewable energy solutions.
Average Trading Volume: 1,035,844
Technical Sentiment Signal: Sell
Current Market Cap: A$16.16M
For a thorough assessment of GT1 stock, go to TipRanks’ Stock Analysis page.