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Celsius Resources ( (AU:CLA) ) just unveiled an update.
Celsius Resources has appointed Grant Samuel Capital Advisory as financial adviser to coordinate and structure an integrated funding package for its Maalinao-Caigutan-Biyog copper-gold project in the Philippines, amid strong interest from international mining financiers, offtakers and investment groups in various forms of project-level financing. In parallel, the board has engaged seasoned mining executive and former Peak Rare Earths CEO Bardin Davis as a strategic, financing and project development consultant to support key decisions this quarter as Celsius moves toward finalising project financing and progressing the MCB project toward construction, underscoring a critical phase in the project’s de-risking and commercialisation.
The most recent analyst rating on (AU:CLA) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Celsius Resources stock, see the AU:CLA Stock Forecast page.
More about Celsius Resources
Celsius Resources Limited is an ASX- and AIM-listed resources company focused on developing the Maalinao-Caigutan-Biyog (MCB) copper-gold project in the Philippines through its affiliate Makilala Mining Co., Inc. The company targets international mining financiers, offtakers and investment groups with expertise in copper and gold project finance, streaming and offtake arrangements to advance its flagship development asset.
YTD Price Performance: 25.00%
Average Trading Volume: 5,094,447
Technical Sentiment Signal: Hold
Current Market Cap: A$51.86M
Learn more about CLA stock on TipRanks’ Stock Analysis page.