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The latest announcement is out from Centaurus Metals Limited ( (AU:CTM) ).
Centaurus Metals Limited has announced a $23 million capital raising initiative to advance its Jaguar Nickel Sulphide Project in Brazil and support ongoing exploration at the Boi Novo Copper Project. The funds, raised through an institutional share placement and a Share Purchase Plan, will help progress the Jaguar project towards a Final Investment Decision in the first half of 2026. This move positions Centaurus to potentially become a major player in the global nickel market, with the Jaguar project poised to be one of the world’s most significant new nickel mine developments.
The most recent analyst rating on (AU:CTM) stock is a Buy with a A$0.80 price target. To see the full list of analyst forecasts on Centaurus Metals Limited stock, see the AU:CTM Stock Forecast page.
More about Centaurus Metals Limited
Centaurus Metals Limited is an Australian mining company focused on the exploration and development of nickel and copper projects. Its primary operations are centered on the Jaguar Nickel Sulphide Project in northern Brazil and the Boi Novo Copper Project. The company aims to establish itself as a significant player in the nickel mining industry with a strong emphasis on strategic partnerships and sustainable development.
Average Trading Volume: 615,677
Technical Sentiment Signal: Hold
Current Market Cap: A$223.5M
For an in-depth examination of CTM stock, go to TipRanks’ Overview page.