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Coppermoly Switches External Auditor as Part of Cost Reduction Drive

Story Highlights
  • Coppermoly has appointed Hall Chadwick WA Audit as its new external financial auditor.
  • The change, driven by cost reduction and expertise needs, awaits shareholder ratification at the next AGM.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Coppermoly Switches External Auditor as Part of Cost Reduction Drive

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Coppermoly Limited ( (AU:COY) ) just unveiled an update.

Coppermoly Limited has appointed Hall Chadwick WA Audit Pty Ltd as its new external financial auditor, effective immediately, following a review of its auditor arrangements and broader cost reduction strategy. The board cited Hall Chadwick’s expertise, capacity to conduct the 31 December 2025 audit review, and competitive fee structure as key reasons for the change, which follows regulatory consent to the resignation of former auditor BDO Audit Pty Ltd and will be put to shareholders for ratification at the next annual general meeting, underscoring Coppermoly’s focus on financial governance and cost efficiency as it advances its exploration portfolio.

The most recent analyst rating on (AU:COY) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Coppermoly Limited stock, see the AU:COY Stock Forecast page.

More about Coppermoly Limited

Coppermoly Ltd is a mineral exploration and resource development company focused on copper, gold and molybdenum projects in Queensland’s resource-rich Mount Isa region. With a refreshed management and geological team, the company is pursuing an accelerated exploration program and resource definition across high-value targets in the highly prospective Mt Isa Inlier, known for iron oxide copper gold (IOCG) and shear-hosted copper-gold deposits.

Average Trading Volume: 164,052

Technical Sentiment Signal: Sell

Current Market Cap: A$7.94M

See more data about COY stock on TipRanks’ Stock Analysis page.

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