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European Lithium ( (AU:EUR) ) has provided an update.
Mitsubishi UFJ Financial Group, Inc. has filed a notice of ceasing to be a substantial holder in European Lithium Limited under Australia’s Corporations Act. The filing details a series of transactions on 26 January 2026, involving multiple purchases and sales of fully paid ordinary shares executed by an entity controlled by Morgan Stanley, which resulted in Mitsubishi UFJ’s relevant interest in European Lithium dropping below the substantial shareholder threshold and altering the company’s share register composition.
The most recent analyst rating on (AU:EUR) stock is a Hold with a A$0.29 price target. To see the full list of analyst forecasts on European Lithium stock, see the AU:EUR Stock Forecast page.
More about European Lithium
European Lithium Limited (ACN 141 450 624) is an Australia-listed company focused on lithium exploration and development, positioning itself within the battery metals and electric vehicle supply chain. The company’s activities center on acquiring and advancing lithium assets to supply the growing European and global demand for lithium used in energy storage and electric mobility applications.
Average Trading Volume: 13,005,689
Technical Sentiment Signal: Buy
Current Market Cap: A$513.1M
Learn more about EUR stock on TipRanks’ Stock Analysis page.