Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Talga Group ( (AU:TLG) ) has issued an update.
Talga Group Ltd has announced the issuance of 35,365,860 fully paid ordinary shares at A$0.41 per share to sophisticated and professional investors as part of an institutional placement. This move is in compliance with the Corporations Act and aims to strengthen the company’s financial position, potentially enhancing its market presence and operational capabilities in the advanced materials sector.
The most recent analyst rating on (AU:TLG) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Talga Group stock, see the AU:TLG Stock Forecast page.
More about Talga Group
Talga Group Ltd is a company operating in the battery and advanced materials industry, focusing on the development and production of innovative materials for energy storage and other advanced applications.
Average Trading Volume: 890,486
Technical Sentiment Signal: Sell
Current Market Cap: A$187.1M
See more data about TLG stock on TipRanks’ Stock Analysis page.