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Centaurus Metals Issues Unlisted Options to Bolster Financial Flexibility

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Centaurus Metals Issues Unlisted Options to Bolster Financial Flexibility

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Centaurus Metals Limited ( (AU:CTM) ) just unveiled an update.

Centaurus Metals Limited announced the issuance of 32,704,383 unlisted options with an exercise price of $0.50, set to expire on November 30, 2027. This move could potentially enhance the company’s financial flexibility and support its ongoing projects, impacting its market position by potentially attracting investment and strengthening its capital structure.

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 operates in the mining industry, focusing primarily on the exploration and development of mineral resources. The company is known for its efforts in advancing projects that involve significant mineral deposits, positioning itself strategically within the market to capitalize on resource extraction and development opportunities.

Average Trading Volume: 841,102

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$196.6M

See more data about CTM stock on TipRanks’ Stock Analysis page.

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