Elevra Lithium Announces Quotation of New Securities Following Merger
Elevra Lithium Limited (AU:ELV) announced the quotation of 582,770 ordinary fully paid securities on the ASX following a merger with Piedmont Lithium Inc. This increase brings the total quoted securities to 169,329,111, impacting Elevra's capital structure. The latest analyst rating for AU:ELV is a Hold with a price target of A$4.50. Elevra operates in the lithium industry, focusing on production and distribution, and has a current market cap of A$737.7M.
Elevra Lithium ( (AU:ELV) ) just unveiled an announcement.
On October 30, 2025, Elevra Lithium Limited announced the quotation of 582,770 ordinary fully paid securities on the ASX. These securities were issued as part of a transaction involving the settlement of vested Piedmont Equity Awards due to a change in control of Piedmont Lithium Inc. following a merger. This move is expected to impact Elevra’s capital structure, with the total number of quoted securities reaching 169,329,111. The announcement highlights Elevra’s strategic positioning in the market and its ongoing corporate activities.
The most recent analyst rating on (AU:ELV) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on Elevra Lithium stock, see the AU:ELV Stock Forecast page.
More about Elevra Lithium
Elevra Lithium Limited operates in the lithium industry, focusing on the production and distribution of lithium products. The company is based in Brisbane, Australia, and is involved in transactions related to securities on the Australian Securities Exchange (ASX).
Average Trading Volume: 773,038
Technical Sentiment Signal: Buy
Current Market Cap: A$737.7M
