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Caravel Minerals Limited ( (AU:CVV) ) has issued an update.
Caravel Minerals Limited has made significant advancements in its Caravel Copper Project, including appointing Primero Group Ltd as the preferred EPCM firm and receiving a preliminary 90MW grid connection offer from Western Power. The company released its inaugural Sustainability Report, highlighting its ESG commitments, and progressed in environmental approvals and water licensing. These developments are crucial for moving towards a Final Investment Decision by mid-2026, with implications for project power supply reliability and sustainable development initiatives.
The most recent analyst rating on (AU:CVV) stock is a Buy with a A$0.62 price target. To see the full list of analyst forecasts on Caravel Minerals Limited stock, see the AU:CVV Stock Forecast page.
More about Caravel Minerals Limited
Caravel Minerals Limited is a company operating in the mining industry, focusing on the development of copper projects. Its primary project is the Caravel Copper Project located northeast of Perth, Western Australia. The company is committed to sustainable development and environmental management as part of its operations.
Average Trading Volume: 451,654
Technical Sentiment Signal: Sell
Current Market Cap: A$92.2M
See more data about CVV stock on TipRanks’ Stock Analysis page.