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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Celsius Resources ( (AU:CLA) ) has issued an announcement.
Celsius Resources has commenced on-site engineering activities at its Maalinao-Caigutan-Biyog Copper-Gold Project, marking a significant milestone in advancing the project’s Front-End Engineering Design and feasibility study. The company is managing its funding arrangements carefully to ensure the continuation of operations, while also extending the share return period for SODOR. Celsius is actively engaging with potential equity funding partners to secure full financing for the MCB Project, emphasizing capital discipline and long-term value creation.
More about Celsius Resources
Celsius Resources Limited is a company operating in the mining industry, primarily focusing on copper and gold projects. Its flagship project is the Maalinao-Caigutan-Biyog Copper-Gold Project located in the Philippines, with other prospects in the pipeline for permit renewal or extension.
Technical Sentiment Signal: Sell
Current Market Cap: A$18.81M
For detailed information about CLA stock, go to TipRanks’ Stock Analysis page.