Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
An announcement from Everest Metals Corporation Limited ( (AU:EMC) ) is now available.
Everest Metals Corporation Ltd has announced the issuance of $720,000 in Junior Minerals Exploration Incentive (JMEI) credits to eligible Australian resident shareholders who participated in a $2.4 million capital raising in late 2023. This initiative allows EMC to distribute refundable tax credits by forgoing a portion of its tax losses from exploration expenditures, providing shareholders with tax offsets or franking credits, without any cash payment from the company.
More about Everest Metals Corporation Limited
Everest Metals Corporation Ltd (EMC) is an ASX-listed resource company based in Western Australia, focusing on the discovery of gold, silver, base metals, and critical minerals. The company has significant projects including the Revere Gold and Base Metal Project, the Mt Edon Critical Mineral Project, and the Mt Dimer Taipan Gold Project, all located in prolific mining regions with strong potential for mineral discoveries.
YTD Price Performance: 0.0%
Average Trading Volume: 209,378
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$32.45M
See more data about EMC stock on TipRanks’ Stock Analysis page.
