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Catalyst Metals CFO Departure Amidst Expansion Plans

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Catalyst Metals CFO Departure Amidst Expansion Plans

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Catalyst Metals Limited ( (AU:CYL) ) has provided an update.

Catalyst Metals Limited announced the departure of its Chief Financial Officer, Elena O’Connor, and has initiated a search for her replacement. In the interim, the CFO responsibilities will be managed by the senior leadership team to ensure a smooth transition. This change comes as the company is in a phase of significant growth, aiming to increase its gold production and reserves, which could strengthen its position in the mining industry.

The most recent analyst rating on (AU:CYL) stock is a Buy with a A$10.58 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 mining company focused on gold production in Western Australia. Its flagship asset is the Plutonic Gold Belt, which produces approximately 100,000 ounces of gold annually. The company is expanding its operations by bringing three new mines into production and aims to double its reserves and production, targeting a 10-year mine life for its underground operations.

Average Trading Volume: 2,210,339

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.76B

See more data about CYL stock on TipRanks’ Stock Analysis page.

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