Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Catalyst Metals Limited ( (AU:CYL) ) has issued an announcement.
Catalyst Metals Limited has achieved a significant milestone by doubling its reserves year-on-year, reaching a 1.5 million ounce reserve. This growth supports an increased production rate of 200,000 ounces per annum for over ten years, positioning the company closer to its target of a 2 million ounce reserve, which could enhance its market standing and operational capabilities.
The most recent analyst rating on (AU:CYL) stock is a Buy with a A$8.82 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 operates in the mining industry, focusing on gold exploration and production. The company is committed to expanding its reserve base and increasing its production capacity to meet market demands.
Average Trading Volume: 1,900,019
Technical Sentiment Signal: Buy
Current Market Cap: A$1.97B
Find detailed analytics on CYL stock on TipRanks’ Stock Analysis page.