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NOVONIX Ltd ( (AU:NVX) ) has shared an update.
NOVONIX Ltd has announced the quotation of 648,238 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of August 27, 2025. This move is part of the company’s strategy to enhance its market presence and provide additional liquidity for its stakeholders, potentially strengthening its position in the competitive energy storage market.
The most recent analyst rating on (AU:NVX) stock is a Hold with a A$0.50 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 storage industry, focusing on the development and production of advanced battery materials and technologies. The company is known for its work in lithium-ion battery technology, catering to the growing demand for efficient energy storage solutions.
Average Trading Volume: 4,887,849
Technical Sentiment Signal: Sell
Current Market Cap: A$349.6M
Find detailed analytics on NVX stock on TipRanks’ Stock Analysis page.