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ACG Metals Limited Class A ( (GB:ACG) ) has issued an announcement.
ACG Metals Limited’s subsidiary, Polimetal, has secured a 2% Net Smelter Return royalty from a mining license in Türkiye’s Niğde Province. This agreement with Kenz Madencilik allows Polimetal to receive a portion of revenues from mineral sales, providing ACG with future cash flow without direct exploration investment, enhancing its strategic positioning in the mining sector.
The most recent analyst rating on (GB:ACG) stock is a Buy with a £11.90 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 ESG and carbon footprint standards. The company acquired the Gediktepe Mine in 2024, aiming for copper and zinc production by 2026, and has a strong M&A team with extensive industry experience.
Average Trading Volume: 14,685
Technical Sentiment Signal: Buy
Current Market Cap: £227.4M
For an in-depth examination of ACG stock, go to TipRanks’ Overview page.