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Elementos Limited ( (AU:ELT) ) has issued an update.
Elementos Limited has announced that Metals X Limited has become a substantial holder in the company, acquiring a 19.79% voting power through a placement agreement. This acquisition, involving 58,277,698 fully paid ordinary shares, marks a significant investment by Metals X, potentially impacting Elementos’ strategic positioning and stakeholder interests.
The most recent analyst rating on (AU:ELT) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on Elementos Limited stock, see the AU:ELT Stock Forecast page.
More about Elementos Limited
YTD Price Performance: 50.0%
Average Trading Volume: 283,577
Technical Sentiment Signal: Hold
Current Market Cap: A$30.91M
Find detailed analytics on ELT stock on TipRanks’ Stock Analysis page.