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An update from Centaurus Metals Limited ( (AU:CTM) ) is now available.
Centaurus Metals Limited has received the final regulatory approval for its Jaguar Nickel Sulphide Project in Brazil, with the granting of a Mining Lease by the Brazilian Ministry of Mines and Energy. This approval allows Centaurus to proceed with the Final Investment Decision and commence construction, marking a significant step towards the project’s development. The company is now focused on finalizing strategic partnerships and securing funding to support the project’s financing and development, emphasizing its strong economic potential even at current nickel prices.
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 company engaged in the exploration and development of mineral resources, with a focus on nickel sulphide projects. Its primary project is the Jaguar Nickel Sulphide Project located in northern Brazil, which positions the company within the critical minerals sector.
Average Trading Volume: 1,324,395
Technical Sentiment Signal: Buy
Current Market Cap: A$267.1M
For an in-depth examination of CTM stock, go to TipRanks’ Overview page.