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Centaurus Metals Limited ( (AU:CTM) ) just unveiled an update.
Centaurus Metals Limited has made significant progress in its Jaguar Nickel Sulphide Project in Brazil, with the granting of the Jaguar Mining Lease, marking a crucial step towards the project’s execution phase. The company is advancing its project debt and equity funding pathways, including a debt funding application to the Brazil National Development Bank and strategic partnering processes to support a Final Investment Decision. Additionally, a new mineralized zone has been discovered at the Boi Novo Copper-Gold Project, further enhancing the company’s exploration prospects. Centaurus has also raised $23.1 million to support ongoing development and exploration activities.
The most recent analyst rating on (AU:CTM) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Centaurus Metals Limited stock, see the AU:CTM Stock Forecast page.
More about Centaurus Metals Limited
Centaurus Metals Limited is an Australian mining company focused on developing significant nickel projects, particularly the Jaguar Nickel Sulphide Project in Brazil. The company operates within the mining industry, with a primary focus on nickel, copper, and gold exploration and development, aiming to contribute to the clean energy sector.
Average Trading Volume: 1,496,995
Technical Sentiment Signal: Buy
Current Market Cap: A$247.6M
Find detailed analytics on CTM stock on TipRanks’ Stock Analysis page.