An update from Adriatic Metals Plc ( (GB:ADT1) ) is now available.
Adriatic Metals Plc has announced a proposed equity raising of A$80 million to expedite the expansion of the Vares Processing Plant and enhance financial flexibility. This move aims to increase production capacity significantly, positioning the Vares Silver Operation as a leading primary silver producer while facilitating the company’s potential inclusion in the FTSE UK Index Series.
More about Adriatic Metals Plc
Adriatic Metals Plc operates in the mining industry, focusing on the production of metals, particularly silver. The company is involved in the Vares Silver Operation, which is expected to become one of the largest primary-silver producers globally.
YTD Price Performance: 12.39%
Average Trading Volume: 91,424
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £686.5M
Find detailed analytics on ADT1 stock on TipRanks’ Stock Analysis page.
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