Elevra Lithium Converts Performance Rights to Shares

Tip Ranks
2025.11.17 21:40
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Elevra Lithium Limited announced the conversion of 10,649 unquoted performance rights into ordinary fully paid shares as part of its Employee Share and Option Plan. This move, executed by key management personnel Sylvain Collard, aims to enhance the company's equity structure and align key personnel interests with shareholder value. The company's stock has a Hold rating with a A$5.00 price target. Elevra operates in the lithium industry, focusing on lithium product development and exploration.

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An announcement from Elevra Lithium ( (AU:ELV) ) is now available.

On November 14, 2025, Elevra Lithium Limited announced the conversion of 10,649 unquoted performance rights into ordinary fully paid shares. This conversion, part of the company’s Employee Share and Option Plan, was executed by Sylvain Collard, a key management personnel. The issuance of these shares is expected to enhance the company’s equity structure and align the interests of key personnel with shareholder value, potentially impacting its market positioning positively.

The most recent analyst rating on (AU:ELV) stock is a Hold with a A$5.00 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 development of lithium products. The company is involved in the exploration and mining of lithium resources, which are crucial for the manufacturing of batteries and other energy storage solutions.

YTD Price Performance: 27.90%

Average Trading Volume: 901,827

Technical Sentiment Signal: Hold

Current Market Cap: A$868.5M