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An announcement from Black Cat Syndicate Ltd. ( (AU:BC8) ) is now available.
Black Cat Syndicate Limited has completed the final $25 million payment for the Lakewood processing facility, funded entirely from operating cash flow. This marks a significant milestone as the facility enhances the company’s processing capabilities and supports increased gold production and cash generation, while maintaining a debt-free and unhedged position.
The most recent analyst rating on (AU:BC8) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
More about Black Cat Syndicate Ltd.
Black Cat Syndicate Limited operates in the gold mining industry, focusing on gold production and processing. The company is involved in the Kal East Gold Operation, which includes the Lakewood processing facility, a key infrastructure asset for their operations.
Average Trading Volume: 6,421,461
Technical Sentiment Signal: Buy
Current Market Cap: A$772.9M
See more insights into BC8 stock on TipRanks’ Stock Analysis page.