TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Catalyst Metals Limited ( (AU:CYL) ) just unveiled an update.
Catalyst Metals Limited has resolved a legal dispute, securing 100% ownership over a critical area of the Plutonic Gold Belt. This settlement allows the company to accelerate its mining and exploration activities, aiming to double its annual gold production to 200,000 ounces. The resolution of this dispute eliminates the risk of prolonged litigation, enabling Catalyst to focus on expanding its operations and enhancing its industry positioning.
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 company operating in the gold mining industry, primarily focused on the Plutonic Gold Belt in Central Western Australia. The company produces approximately 100,000 ounces of gold annually and is working to increase this to 200,000 ounces by bringing new mines into production. Catalyst also controls a processing plant and a significant strike length north of the Bendigo goldfield, with plans for further exploration and resource development.
Average Trading Volume: 2,343,578
Technical Sentiment Signal: Buy
Current Market Cap: A$1.87B
For a thorough assessment of CYL stock, go to TipRanks’ Stock Analysis page.