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The latest update is out from ACG Metals Limited Class A ( (GB:ACG) ).
ACG Metals Limited has announced the completion of a scoping study for its Gediktepe Enriched Ore Treatment Project, which aims to process existing stockpiles and enriched ore to produce additional gold, silver, copper, and zinc. This project is expected to generate significant revenue and cash flow with a low capital investment, enhancing the company’s financial position and market competitiveness. ACG is also launching a capital raise to fund the project and improve liquidity, offering new and existing investors an opportunity to participate in the company’s growth.
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 operates in the mining industry, focusing on the extraction and processing of precious and base metals. The company is primarily engaged in producing gold, silver, copper, and zinc from its Gediktepe mine in Türkiye, with a strategic emphasis on utilizing advanced technologies to enhance resource recovery and operational efficiency.
Average Trading Volume: 12,172
Technical Sentiment Signal: Buy
Current Market Cap: £242.6M
See more insights into ACG stock on TipRanks’ Stock Analysis page.