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An announcement from Vulcan Energy Resources Ltd. ( (AU:VUL) ) is now available.
Vulcan Energy Resources Ltd. has released a corporate presentation highlighting the results of its definitive feasibility study and bridging engineering study for its Phase One Project. The company acknowledges the need for additional funding to achieve the outcomes indicated in these studies and is exploring various financing strategies, including potential joint ventures or partial sales, which could impact its ownership of the project.
The most recent analyst rating on (AU:VUL) stock is a Buy with a A$11.50 price target. To see the full list of analyst forecasts on Vulcan Energy Resources Ltd. stock, see the AU:VUL Stock Forecast page.
More about Vulcan Energy Resources Ltd.
Vulcan Energy Resources Ltd. operates in the lithium industry, focusing on resources exploration and development. The company is involved in the extraction and processing of lithium, a key component in battery production, which is crucial for the growing electric vehicle market.
Average Trading Volume: 640,902
Technical Sentiment Signal: Sell
Current Market Cap: A$811.3M
See more insights into VUL stock on TipRanks’ Stock Analysis page.