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29metals Ltd. ( (AU:29M) ) has issued an update.
29Metals Limited has submitted an application for a new Tailings Storage Facility (TSF) at its Capricorn Copper site, marking a significant step in the approvals process. This development is crucial for the company’s plans to restart operations sustainably, as it addresses the need for long-term tailings storage and water level management, with further progress expected after the upcoming wet season.
The most recent analyst rating on (AU:29M) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on 29metals Ltd. stock, see the AU:29M Stock Forecast page.
More about 29metals Ltd.
29Metals Limited is a company operating in the mining industry, focusing on the extraction and production of metals. It is listed on the Australian Securities Exchange (ASX) under the ticker 29M.
Average Trading Volume: 3,751,538
Technical Sentiment Signal: Sell
Current Market Cap: A$349.7M
For detailed information about 29M stock, go to TipRanks’ Stock Analysis page.