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ACG Metals Raises $15 Million in Oversubscribed Placing to Fund Expansion

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ACG Metals Raises $15 Million in Oversubscribed Placing to Fund Expansion

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An announcement from ACG Metals Limited Class A ( (GB:ACG) ) is now available.

ACG Metals Limited has successfully completed a placing, raising approximately US$15 million to fund its Enriched Ore Treatment Project. The placing was oversubscribed, indicating strong investor confidence and support, which positions ACG to enhance production and cash generation, further establishing itself as a leading copper producer.

The most recent analyst rating on (GB:ACG) stock is a Buy with a £12.30 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 Limited is a company focused on consolidating the copper industry through acquisitions, emphasizing best-in-class environmental, social, and governance (ESG) practices and carbon footprint characteristics. The company acquired the Gediktepe Mine in 2024, which is set to transition to primary copper and zinc production by 2026, targeting an annual steady-state copper equivalent production of 20-25 kt.

Average Trading Volume: 12,165

Technical Sentiment Signal: Buy

Current Market Cap: £249.1M

See more data about ACG stock on TipRanks’ Stock Analysis page.

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