tiprankstipranks
Company Announcements

Patagonia Lithium Ltd Retracts Production Target Announcement

Story Highlights
Patagonia Lithium Ltd Retracts Production Target Announcement

Discover the Best Stocks and Maximize Your Portfolio:

Patagonia Lithium Limited ( (AU:PL3) ) has issued an announcement.

Patagonia Lithium Ltd recently issued a retraction of its previously announced production target and mine life for its lithium mineral resource, clarifying that the figures were aspirational and not based on sound technical or economic evaluations. The company advised that these targets should not be considered by investors for making investment decisions, as they have not been disclosed in compliance with relevant listing rules.

More about Patagonia Lithium Limited

Patagonia Lithium Ltd is a company operating in the lithium industry, focusing on the exploration and development of lithium resources. It is based in Melbourne, Australia, and is listed on the Australian Securities Exchange under the ticker ASX:PL3.

YTD Price Performance: 5.00%

Average Trading Volume: 24,504

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$6.29M

See more data about PL3 stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1