Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Leo Lithium Ltd. ( (AU:LLL) ) just unveiled an announcement.
Leo Lithium Ltd. reported key developments for the quarter ending June 2025, including the receipt of US$177.6 million from Ganfeng for the sale of its interest in the Goulamina Lithium Project. The company is actively pursuing mergers and acquisitions in the lithium sector and aims to announce a transaction soon, with plans to utilize Tranche 2 funds for potential acquisitions or return them to shareholders if no suitable opportunities are finalized. The company is also considering relisting on the ASX if acquisitions are completed after the automatic delisting date.
The most recent analyst rating on (AU:LLL) stock is a Hold with a A$0.45 price target. To see the full list of analyst forecasts on Leo Lithium Ltd. stock, see the AU:LLL Stock Forecast page.
More about Leo Lithium Ltd.
Leo Lithium Ltd. operates in the lithium industry, focusing on the acquisition and development of lithium hard rock and brine projects. The company is strategically targeting opportunities in North and South America, aiming to become a significant global lithium producer while maintaining financial discipline.
Technical Sentiment Signal: Hold
Current Market Cap: A$605.1M
For an in-depth examination of LLL stock, go to TipRanks’ Overview page.