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ACG Metals Limited Class A ( (GB:ACG) ) has provided an announcement.
ACG Metals Limited has amended its royalty agreement for the Gediktepe mine, transitioning from gold to copper production. The new terms, effective January 2026, simplify royalty percentages and release ACG from certain milestone payments, enhancing cash flow and reducing costs. This strategic move is expected to strengthen ACG’s financial position and support its transition to sulphide production, benefiting stakeholders by potentially lowering production costs and increasing cash reserves.
The most recent analyst rating on (GB:ACG) stock is a Buy with a £830.00 price target. To see the full list of analyst forecasts on ACG Metals Limited Class A stock, see the GB:ACG Stock Forecast page.
More about ACG Metals Limited Class A
ACG Metals is focused on consolidating the copper industry through acquisitions, emphasizing strong ESG and carbon footprint standards. The company acquired the Gediktepe Mine in September 2024, which is transitioning to copper and zinc production by 2026, aiming for an annual copper equivalent production of 20-25 kt. ACG’s team has extensive M&A experience and is committed to ESG principles and strong corporate governance.
Average Trading Volume: 14,824
Technical Sentiment Signal: Buy
Current Market Cap: £204.1M
For detailed information about ACG stock, go to TipRanks’ Stock Analysis page.