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Desoto Resources Ltd. ( (AU:DES) ) has shared an update.
DeSoto Resources Limited has announced the commencement of drilling operations in the Siguiri Basin, Guinea, after successfully raising A$14 million. This strategic move positions the company to capitalize on the mineral-rich region, potentially enhancing its market standing and offering promising opportunities for stakeholders.
More about Desoto Resources Ltd.
DeSoto Resources Limited operates in the mining industry, focusing on exploration and development of mineral resources. The company is primarily engaged in identifying and extracting valuable minerals, with a significant presence in the Siguiri Basin, Guinea, known for its rich mineral deposits.
Average Trading Volume: 517,907
Technical Sentiment Signal: Buy
Current Market Cap: A$39.21M
See more insights into DES stock on TipRanks’ Stock Analysis page.