Gateway Mining Limited (AU:GML) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Gateway Mining Limited has successfully completed the sale of gold rights at its Montague East Project to Brightstar Resources for $14 million, strengthening its financial position and retaining significant exploration rights. The deal also marks a leadership change, with Managing Director Mark Cossom stepping down after five years, transitioning to a strategic consultant role while Peter Langworthy becomes Executive Chair to guide the company’s future growth.
For further insights into AU:GML stock, check out TipRanks’ Stock Analysis page.