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Keras Resources ( (GB:KRS) ) just unveiled an announcement.
Keras Resources plc has announced significant progress in its mining operations, with its Falcon Isle subsidiary in Utah producing Phosul® granulate and dry rock phosphate products. The company plans to increase its phosphate inventory by 5,000 tons to meet winter demand. Meanwhile, the Nayéga manganese mine in Togo has completed recommissioning and is ramping up production, with plans to increase processing capacity. The company anticipates positive cash flow from these operations, enhancing its market position in both the organic and conventional fertilizer markets.
More about Keras Resources
Keras Resources plc is a mining company listed on the AIM market, primarily focused on the production of high-grade organic phosphate products through its Diamond Creek mine in Utah, USA. The company operates a fully integrated mine-to-market operation, catering to the organic fertilizer market. Keras Resources also manages the Nayéga manganese mine in Togo, aiming to expand its market share in the US organic fertilizer sector.
Average Trading Volume: 178,315
Technical Sentiment Signal: Sell
Current Market Cap: £1.29M
Learn more about KRS stock on TipRanks’ Stock Analysis page.