Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Antipa Minerals Limited ( (AU:AZY) ) has issued an update.
Antipa Minerals Limited has released its quarterly activities and cashflow report for the quarter ending December 31, 2024. Notably, the company completed a Scoping Study for its 100%-owned Minyari Dome Gold-Copper Project, confirming its technical and financial viability. Significant exploration success was achieved with the discovery of new high-grade gold zones, and a profitable sale of its non-controlling interest in the Citadel JV Project was finalized, bringing in A$17 million. Additionally, an equity placement raised A$16 million, resulting in a strong cash balance of A$36.5 million, positioning the company well for future exploration and development opportunities.
More about Antipa Minerals Limited
Antipa Minerals Limited operates in the mining industry, primarily focusing on the exploration and development of gold and copper projects. The company is centered on mineral resource activities in the Paterson Province of Western Australia.
YTD Price Performance: -6.67%
Average Trading Volume: 13,083,650
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$154M
For a thorough assessment of AZY stock, go to TipRanks’ Stock Analysis page.