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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.