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The latest announcement is out from Black Cat Syndicate Ltd. ( (AU:BC8) ).
Black Cat Syndicate Limited has acquired 90 square kilometers of strategic tenements near its Lakewood processing facility, a move expected to significantly extend its tailings storage capacity and support the expansion of its processing operations from 1.2mtpa to 1.5mtpa. This acquisition is a critical step in enhancing the company’s production capabilities and aligns with its strategy for ongoing growth in gold production at the Kal East Gold Operation.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.60 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 and has recently taken control of the Lakewood processing facility, aiming to expand its processing capacity and operational growth.
Average Trading Volume: 5,907,927
Technical Sentiment Signal: Buy
Current Market Cap: A$714.8M
See more insights into BC8 stock on TipRanks’ Stock Analysis page.