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Macquarie Reaffirms Their Hold Rating on Elevra Lithium (SYAXF)
Macquarie analyst maintained a Hold rating on Elevra Lithium today and set a price target of A$13.50.
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Currently, the analyst consensus on Elevra Lithium is a Moderate Buy with an average price target of A$15.00.
Based on Elevra Lithium’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$121.26 million and a net profit of A$110.82 million. In comparison, last year the company earned a revenue of A$121.89 million and had a GAAP net loss of A$51.73 million
Read More on SYAXF:
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- State Street Group Exits Substantial Holder Position in Elevra Lithium
- JPMorgan Ceases to Be Substantial Holder in Elevra Lithium
- Elevra Lithium Raises A$275m to Fund North American Expansion and Moblan Work
- Elevra Raises A$275m to Fund North American Lithium Expansion
- Elevra Lithium purchases Moblan offtake rights
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