Cyprium Metals Limited ( (AU:CYM) ) just unveiled an update.
Cyprium Metals Limited has completed the divestment of its non-core Meekatharra Project to Solstice Minerals Limited for $1 million in cash and 3 million Solstice shares, with an additional 3 million shares contingent on future resource announcements. This strategic move allows Cyprium to focus on its core assets, potentially enhancing its operational efficiency and market positioning in the copper industry.
More about Cyprium Metals Limited
Cyprium Metals Limited is an ASX-listed Australian copper company primarily focused on the redevelopment of its flagship Nifty Copper Complex in Western Australia. The company has a history of producing significant copper from both oxide and sulphide resources and possesses large-scale resources and operational approvals. Cyprium also holds copper-focused properties in the Paterson and Murchison Provinces.
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €23.09M
For a thorough assessment of CYM stock, go to TipRanks’ Stock Analysis page.