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Cyprium Metals Limited ( (AU:CYM) ) just unveiled an update.
Cyprium Metals Limited has extended the completion date for the sale of its surplus TM-2500 generators to USP&E North America LLC, with an additional non-refundable deposit of USD 600,000 received. The total non-refundable deposits now amount to USD 1.2 million, with the purchase price remaining at USD 6.05 million. The transaction, expected to conclude in the second quarter, highlights Cyprium’s strategic management of its assets, potentially impacting its financial positioning and stakeholder confidence.
More about Cyprium Metals Limited
Cyprium Metals Limited is an ASX-listed Australian copper company. The company’s flagship property is the Nifty Copper Mine in Western Australia, focused on redevelopment with substantial invested capital and operational approvals. Cyprium also holds significant copper-focused assets in the Paterson and Murchison Provinces.
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €27.49M
See more data about CYM stock on TipRanks’ Stock Analysis page.