Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
An update from Catalyst Metals Limited ( (AU:CYL) ) is now available.
Catalyst Metals Limited has addressed a litigation update involving Zuleika Gold Limited and Vango Mining Pty Ltd, stating that the outcome is not expected to materially impact Catalyst. The litigation pertains to actions before Catalyst’s acquisition of Vango in 2023, and Catalyst views the recent announcement as an attempt by Zuleika to gain publicity ahead of a Supreme Court hearing. Catalyst remains focused on its mining operations and expansion plans, aiming to enhance its production capabilities and resource base.
The most recent analyst rating on (AU:CYL) stock is a Buy with a A$5.50 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.
More about Catalyst Metals Limited
Catalyst Metals Limited is a company operating in the gold mining industry, primarily focused on the Plutonic Gold Belt in Central Western Australia. Their flagship asset, the Plutonic Gold Mine, produces 85,000 ounces annually. Catalyst plans to introduce three new mining areas into production over the next 12 to 18 months, utilizing their existing processing plant. The company also holds significant exploration potential north of the historic Bendigo goldfield.
Average Trading Volume: 2,093,280
Technical Sentiment Signal: Buy
Current Market Cap: A$1.55B
For detailed information about CYL stock, go to TipRanks’ Stock Analysis page.