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Index Shake-Up Puts Elevra Lithium Into S&P/ASX 200 as S&P Dow Jones Rebalances Benchmarks

Tipranks - Sat Jun 6, 2:52AM CDT

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Elevra Lithium ( (AU:ELV) ) has issued an update.

S&P Dow Jones Indices has announced its June 2026 quarterly rebalance of the S&P/ASX indices, with ALS Limited joining the S&P/ASX 50 and Paladin Energy Limited entering the S&P/ASX 100, while Pro Medicus and Metcash are removed from those benchmarks. The S&P/ASX 200 sees Elevra Lithium, Electro Optic Systems, FireFly Metals, Kingsgate Consolidated and Minerals 260 added, displacing Guzman Y Gomez, IDP Education, SiteMinder, Temple & Webster and Webjet, while several technology names are also dropped from the S&P/ASX All Technology Index, moves that could shift index-tracking capital flows and recalibrate sector representation in the Australian equity market.

The most recent analyst rating on (AU:ELV) stock is a Buy
with a A$18.30 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 resources sector, focusing on lithium exploration and production to supply battery and electric-vehicle markets. Inclusion in major equity indices typically broadens its visibility among institutional investors and can enhance liquidity in its shares.

Average Trading Volume: 1,924,982

Technical Sentiment Signal: Buy

Current Market Cap: A$2.4B

For a thorough assessment of ELV stock, go to TipRanks’ Stock Analysis page.

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