The latest announcement is out from Patagonia Lithium Limited ( (AU:PL3) ).
Patagonia Lithium Ltd announced the issuance of 12,500,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code PL3. This move is part of a previously announced transaction, potentially enhancing the company’s capital structure and supporting its strategic initiatives in the lithium market.
More about Patagonia Lithium Limited
Patagonia Lithium Ltd operates in the mining industry, focusing on the exploration and development of lithium resources. The company is involved in the production of lithium, a key component in battery technology, which is crucial for the growing electric vehicle market and renewable energy storage solutions.
YTD Price Performance: -11.90%
Average Trading Volume: 182,310
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$7.91M
Find detailed analytics on PL3 stock on TipRanks’ Stock Analysis page.