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Coppermoly Limited ( (AU:COY) ) has issued an announcement.
Coppermoly Limited has announced the issuance of 5,000,000 fully paid ordinary shares to its Managing Director, following their participation in a recent placement. This move, approved by shareholders in February 2025, is part of the company’s strategic efforts to enhance its financial position and operational capabilities, potentially impacting its market standing and stakeholder interests positively.
More about Coppermoly Limited
Coppermoly Limited operates in the mining industry, focusing primarily on the exploration and development of copper and gold deposits. The company is engaged in advancing its projects in Papua New Guinea, aiming to capitalize on the region’s rich mineral resources.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €7.19M
See more data about COY stock on TipRanks’ Stock Analysis page.