Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Abitibi Metals ( (TSE:AMQ) ) has issued an update.
Abitibi Metals Corp. has successfully closed a bought deal public offering, raising $16.1 million through the issuance of common and flow-through shares. The proceeds will be used to advance exploration at the B26 Polymetallic Deposit and for general corporate purposes, reinforcing the company’s strategic focus on mineral exploration in Quebec.
More about Abitibi Metals
Abitibi Metals Corp. is focused on acquiring and exploring mineral properties in Quebec, with a strong emphasis on high-quality base and precious metal assets that present significant growth and expansion potential.
Average Trading Volume: 655,767
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$56.49M
See more insights into AMQ stock on TipRanks’ Stock Analysis page.