Celsius Resources Names New Managing Director and Launches Chair Search

The latest update is out from Celsius Resources ( (AU:CLA) ).

Celsius Resources has appointed experienced mining and energy financier Bardin Davis as managing director, formalising his earlier role as a strategic adviser to the board. Davis, who has nearly three decades of investment banking and corporate experience and a track record in project financing and value-creating transactions, will concentrate on securing funding for the MCB copper-gold project and steering it toward a final investment decision.

The company has also hired executive search firm Swann & Skein to lead the recruitment of a new non-executive chair with strong sector and governance credentials. This leadership reshaping underscores Celsius’s push to strengthen its board and management capabilities as it seeks to advance the MCB project, deepen engagement with funding partners and strategic investors, and enhance long-term value for shareholders.

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 Australia-based mining and exploration company listed on the ASX and AIM, focused on developing copper-gold assets. Its key project is the Maalinao-Caigutan-Biyog (MCB) Copper-Gold Project, around which the company is currently directing its financing and development efforts.

YTD Price Performance: 8.33%

Average Trading Volume: 13,329,641

Technical Sentiment Signal: Sell

Current Market Cap: A$50.21M

For detailed information about CLA stock, go to TipRanks’ Stock Analysis page.