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NOVONIX Ltd ( (AU:NVX) ) has issued an announcement.
NOVONIX Ltd has announced the quotation of 2,690,187 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code NVX, effective from August 18, 2025. This move is part of the company’s strategy to enhance its market presence and provide additional value to its stakeholders by leveraging its position in the advanced battery materials sector.
The most recent analyst rating on (AU:NVX) stock is a Buy with a A$0.77 price target. To see the full list of analyst forecasts on NOVONIX Ltd stock, see the AU:NVX Stock Forecast page.
More about NOVONIX Ltd
NOVONIX Ltd operates in the energy sector, focusing on the development and production of advanced battery materials and technologies. The company is known for its innovative solutions in the battery industry, catering to the growing demand for efficient energy storage systems.
YTD Price Performance: -34.01%
Average Trading Volume: 4,733,279
Technical Sentiment Signal: Sell
Current Market Cap: A$310.9M
Learn more about NVX stock on TipRanks’ Stock Analysis page.