tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Eastern Metals to Sell Browns Reef Project to Australian Gold and Copper

Story Highlights
Eastern Metals to Sell Browns Reef Project to Australian Gold and Copper

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Australian Gold & Copper Ltd. ( (AU:AGC) ) has shared an update.

Eastern Metals Limited has entered into a binding agreement to sell its Browns Reef Project tenements to Australian Gold and Copper Ltd. This strategic move will allow Eastern Metals to benefit from immediate financial returns and retain a stake in the project through shares in AGC, potentially enhancing shareholder value and creating synergies with AGC’s South Cobar Project.

More about Australian Gold & Copper Ltd.

Average Trading Volume: 212,966

Technical Sentiment Signal: Hold

Current Market Cap: A$39.77M

For detailed information about AGC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1