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The latest update is out from Centaurus Metals Limited ( (AU:CTM) ).
Centaurus Metals Limited has announced impressive outcomes from the Jaguar Value Engineering Process for its Jaguar Nickel Sulphide Project in Brazil, highlighting a JORC Ore Reserve estimate of 52Mt at 0.78% Ni, with a 15-year mine life and low operating costs. The project is positioned to become a sustainable, long-term, low-cost producer of nickel, offering significant financial returns and social benefits, while competing effectively in the global market, particularly against Indonesian supply. Additionally, the company reported ongoing success in its Boi Novo Copper-Gold Project with promising drilling results and potential for substantial iron ore resources.
The most recent analyst rating on (AU:CTM) stock is a Buy with a A$0.80 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 company focused on developing significant nickel projects, primarily in Brazil. The company aims to contribute to the clean energy future with its flagship Jaguar Nickel Sulphide Project, located in the Carajás Mineral Province, a major mining hub known for its iron ore and copper deposits. Centaurus is committed to building a diversified critical minerals business with strong environmental, social, and governance (ESG) credentials.
Average Trading Volume: 582,829
Technical Sentiment Signal: Sell
Current Market Cap: A$198.7M
For detailed information about CTM stock, go to TipRanks’ Stock Analysis page.