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Koryx Copper ( (TSE:KRY) ) has provided an update.
Koryx Copper Inc. has announced an increase in its bought deal public offering to $17 million due to strong investor demand. The proceeds will be used to advance technical studies and exploration at the Haib Copper Project, with the offering expected to close by July 30, 2025, subject to necessary approvals. This move positions Koryx to further its operations and potentially enhance its market standing in the copper industry.
The most recent analyst rating on (TSE:KRY) stock is a Buy with a C$3.00 price target. To see the full list of analyst forecasts on Koryx Copper stock, see the TSE:KRY Stock Forecast page.
More about Koryx Copper
Koryx Copper Inc. is a Canadian copper development company focused on advancing the Haib Copper Project in Namibia and exploring two copper licenses in the Zambian copper belt. Haib is a large, advanced copper/molybdenum porphyry deposit in southern Namibia with a long history of exploration and development.
Average Trading Volume: 77,864
Technical Sentiment Signal: Buy
Current Market Cap: C$79.47M
For detailed information about KRY stock, go to TipRanks’ Stock Analysis page.