TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest announcement is out from CZR Resources Ltd ( (AU:CZR) ).
CZR Resources Ltd has announced that the Foreign Investment Review Board (FIRB) has no objections to the sale of its interest in the Robe Mesa Iron Ore Project, a transaction valued at approximately A$75 million. This approval satisfies a key condition of the sale agreement, with remaining conditions including ministerial and third-party consents. The transaction is significant for CZR as it progresses in its strategic divestment, potentially impacting its operational focus and financial positioning.
More about CZR Resources Ltd
CZR Resources Ltd is a company operating in the mining industry, focusing primarily on the exploration and development of iron ore projects. The company is based in Western Australia and is involved in the Robe Mesa Iron Ore Project.
Average Trading Volume: 393,673
Technical Sentiment Signal: Buy
Current Market Cap: A$58.59M
Learn more about CZR stock on TipRanks’ Stock Analysis page.