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Adriatic Metals Shs Chess Deposit Interests Repr 1 Sh ( (AU:ADT) ) has shared an update.
Adriatic Metals PLC reported significant progress in its Q4 activities despite facing severe weather challenges that delayed commercial production. The company achieved notable ore milling and production figures, with plans to reach commercial output in Q1 2025. It has set ambitious production targets for 2025 and is exploring expansion to increase processing capacity. The company maintains a strong cash position and has completed a $25 million prepayment arrangement, supporting its financial stability.
More about Adriatic Metals Shs Chess Deposit Interests Repr 1 Sh
Adriatic Metals PLC is a mining company focused on the Vares Silver Operation in Bosnia and Herzegovina. The company is transitioning from development-stage to metals production, with a focus on silver, gold, zinc, and lead extraction, and is committed to expanding its processing capabilities.
YTD Price Performance: 9.16%
Average Trading Volume: 19,151
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $848.5M
See more insights into ADT stock on TipRanks’ Stock Analysis page.
