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Leo Lithium Ltd. ( (AU:LLL) ) just unveiled an announcement.
Leo Lithium Limited announced the imminent receipt of the final payment of $171.2 million from Ganfeng Lithium Group for the sale of its interests in the Goulamina Lithium Project. The company plans to update the market upon receipt of the funds and will consider shareholder returns in conjunction with ongoing M&A activities, indicating strategic financial planning and potential growth opportunities.
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 Limited operates in the lithium industry, focusing on the exploration and development of lithium projects. The company is involved in the production of lithium, a key component in battery technology, which is crucial for the growing electric vehicle market.
Technical Sentiment Signal: Hold
Current Market Cap: A$605.1M
See more insights into LLL stock on TipRanks’ Stock Analysis page.