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ECR Minerals ( (GB:ECR) ) has shared an announcement.
ECR Minerals has announced its unaudited half-yearly financial results for the period ending March 31, 2025, highlighting significant operational and financial developments. The company has fully funded its 2025 work program, including drilling projects at Bailieston and Blue Mountain, and is planning further exploration at Lolworth. Financially, ECR has realized A$225,000 from a land sale and is exploring ways to leverage its A$75 million in historic tax losses. The company’s focus on the Blue Mountain project, supported by rising gold prices, marks a pivotal moment as it transitions towards revenue generation, with potential implications for its financial performance and stakeholder value.
More about ECR Minerals
ECR Minerals PLC is an exploration and development company primarily focused on gold projects in Australia. The company is engaged in activities such as drilling and sampling to explore and develop gold resources, with a significant focus on projects like Blue Mountain and Lolworth in Queensland and Victoria.
Average Trading Volume: 18,813,234
Technical Sentiment Signal: Sell
Current Market Cap: £5.16M
For an in-depth examination of ECR stock, go to TipRanks’ Overview page.