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Patagonia Lithium Limited ( (AU:PL3) ) has provided an update.
Patagonia Lithium Limited has released a broker presentation confirming a current Mineral Resource Estimate of 103,500 tonnes of lithium metal, equivalent to 551,000 tonnes of lithium carbonate equivalent (LCE), for its lithium brine project. The company notes that this represents a previously reported 319% increase in its lithium carbonate resource and clarifies that the underlying assumptions, technical parameters and Competent Person findings remain unchanged, reinforcing the scale and continuity of its resource base for investors and other stakeholders.
The most recent analyst rating on (AU:PL3) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Patagonia Lithium Limited stock, see the AU:PL3 Stock Forecast page.
More about Patagonia Lithium Limited
Patagonia Lithium Limited (ASX: PL3) is an Australian-listed resources company focused on lithium exploration and development. The company targets lithium brine resources and reports its mineral inventory in both lithium metal and lithium carbonate equivalent (LCE), aligning its projects with growing battery and electric vehicle market demand.
Average Trading Volume: 168,278
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$23.29M
Learn more about PL3 stock on TipRanks’ Stock Analysis page.