tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Citigold Corporation Advances Efforts to Restart Gold Mine

Story Highlights
Citigold Corporation Advances Efforts to Restart Gold Mine

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Citigold Corporation Limited ( (AU:CTO) ) just unveiled an update.

Citigold Corporation Limited announced its continued efforts to restart its world-class gold mine, with mineral resources and ore reserves remaining unchanged for the quarter ending June 2025. The company is actively exploring new reefs to increase mineral resources, which could enhance its industry positioning and potentially benefit stakeholders through increased production and profitability.

More about Citigold Corporation Limited

Citigold Corporation Limited is an Australian gold exploration and development company focused on the high-grade Charters Towers Gold Project in northeast Australia. The company aims to produce over 300,000 ounces of gold per annum at ultra-low costs using advanced technologies, while ensuring substantial returns for shareholders and environmental harmony.

Average Trading Volume: 3,760,494

Technical Sentiment Signal: Sell

Current Market Cap: A$12M

For a thorough assessment of CTO stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1