Patagonia Lithium Limited ( (AU:PL3) ) has shared an update.
Patagonia Lithium Limited announced that Southeast Mingqing Supply Chain (Fuyang) Co Ltd has ceased to be a substantial holder in the company as of March 18, 2025. This change occurred due to a dilution via share issue, affecting 3,750,000 ordinary shares. The announcement may impact the company’s shareholder structure but does not specify immediate implications for its operations or market positioning.
More about Patagonia Lithium Limited
Patagonia Lithium Limited operates in the lithium industry, focusing on the exploration and development of lithium resources. The company is engaged in producing lithium, a critical component for batteries used in electric vehicles and other technologies, positioning itself in a market with growing demand for sustainable energy solutions.
YTD Price Performance: -1.25%
Average Trading Volume: 182,547
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$8.45M
For detailed information about PL3 stock, go to TipRanks’ Stock Analysis page.