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An update from Stardust Power ( (SDST) ) is now available.
Stardust Power Inc. has secured $550,000 through a securities sale agreement with investors, which will be used for capital expenditures, working capital, and general corporate purposes. The company also announced the appointment of Chris Celano as Chief Operating Officer, who brings extensive experience in the energy sector, to oversee lithium supply initiatives and strengthen operational efficiency. Additionally, Paramita Das has been designated as an executive officer due to her role as Chief Strategy Officer and Senior Advisor.
More about Stardust Power
Stardust Power Inc. is a developer of battery-grade lithium products, focusing on building resilient supply chains to bolster America’s energy leadership. The company is in the process of developing a strategically central lithium refinery in Muskogee, Oklahoma, with a planned capacity of producing up to 50,000 metric tons per annum of battery-grade lithium. Stardust Power is committed to sustainability and trades on the Nasdaq under the ticker symbol ‘SDST.’
YTD Price Performance: 5.72%
Average Trading Volume: 49,084
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $186M
Learn more about SDST stock on TipRanks’ Stock Analysis page.
