tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Jindalee Lithium Seeks ASX Quotation for Additional Ordinary Shares

Story Highlights
  • Jindalee Lithium Limited has applied to quote 32,090 new fully paid ordinary shares on the ASX.
  • The additional shares arise from exercised equity instruments, modestly expanding capital and supporting its lithium growth strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jindalee Lithium Seeks ASX Quotation for Additional Ordinary Shares

Claim 50% Off TipRanks Premium

Jindalee Resources Limited ( (AU:JLL) ) has issued an announcement.

Jindalee Lithium Limited has applied to the ASX for quotation of 32,090 new fully paid ordinary shares, issued on 28 January 2026 following the exercise or conversion of existing options or other convertible securities. The modest increase in quoted capital slightly broadens the company’s shareholder base and reflects the take-up of equity-linked instruments, signalling continued investor participation in the company’s lithium-focused growth strategy.

The most recent analyst rating on (AU:JLL) stock is a Hold with a A$0.70 price target. To see the full list of analyst forecasts on Jindalee Resources Limited stock, see the AU:JLL Stock Forecast page.

More about Jindalee Resources Limited

Jindalee Lithium Limited is an Australian listed company focused on lithium exploration and development, operating within the broader battery metals and resources sector. Its activities centre on identifying and advancing lithium assets to support growing demand from electric vehicle and energy storage markets.

Average Trading Volume: 248,333

Technical Sentiment Signal: Buy

Current Market Cap: A$75.79M

For detailed information about JLL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1