Andromeda Metals Limited ( (AU:ADN) ) has issued an announcement.
Andromeda Metals Limited has successfully sold its 52,010,000 shares in Cobra Resources PLC, which were acquired from the sale of its remaining 25% interest in the Wudinna Project. This transaction, completed via an off-market transfer, resulted in proceeds of A$950,000, potentially impacting Andromeda’s financial positioning and strategic focus on other projects.
More about Andromeda Metals Limited
Andromeda Metals Limited is a company listed on the Australian Securities Exchange (ASX: ADN) that operates in the mining and resources industry. It focuses on the exploration and development of mineral projects, including the Wudinna Project.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$23.99M
For a thorough assessment of ADN stock, go to TipRanks’ Stock Analysis page.