Citigold Corporation Prepares to Restart Charters Towers Gold Mine

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Citigold Corporation Prepares to Restart Charters Towers Gold Mine

Citigold Corporation Limited ( (AU:CTO) ) has issued an update.

Citigold Corporation Limited is working towards restarting its Charters Towers Gold Project, which is production-ready after successful test mining. The company is focused on expanding its mineral resources through regional exploration and aims to enhance its operations with state-of-the-art technologies to increase profitability and shareholder returns.

More about Citigold Corporation Limited

Citigold Corporation Limited is an Australian gold exploration and development company focused on the Charters Towers Gold Project in northeast Australia. The company aims to become a high-output, low-cost gold producer using advanced technologies, with a goal of producing over 300,000 ounces of gold annually.

Average Trading Volume: 5,000

Technical Sentiment Signal: Buy

Current Market Cap: $7.55M

For an in-depth examination of CTO stock, go to TipRanks’ Stock Analysis page.

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