TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for 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
East Star Resources ( (GB:EST) ) just unveiled an announcement.
East Star Resources announced a strategic investment of £1.8 million from Endeavour Mining, a leading global gold producer. This investment, which includes a convertible loan note, will fund East Star’s exploration programs in Kazakhstan and positions the company to accelerate its gold and copper strategies. Endeavour’s involvement as a shareholder and exploration partner enhances East Star’s industry positioning and reflects the significant exploration opportunities in Kazakhstan.
More about East Star Resources
East Star Resources is a company focused on the discovery and development of copper and gold in Kazakhstan. It employs multiple exploration strategies, including volcanogenic massive sulphide (VMS) exploration and a strategic gold exploration joint venture with Endeavour Mining.
Average Trading Volume: 2,446,847
Technical Sentiment Signal: Buy
Current Market Cap: £9.44M
For a thorough assessment of EST stock, go to TipRanks’ Stock Analysis page.