Marmota Limited ( (AU:MEU) ) has shared an update.
Marmota Limited reported a net loss of $203,114 for the half-year ending December 31, 2024, despite achieving significant exploration successes. The company made notable discoveries, including high-grade gold at Aurora Tank and Campfire Bore, as well as a maiden titanium heavy mineral sands discovery at Muckanippie. These developments, particularly the new gold discoveries and extensions at Aurora Tank, are expected to enhance Marmota’s profitability and strengthen its position in the minerals exploration industry.
More about Marmota Limited
Marmota Limited is a company engaged in minerals exploration, focusing on discovering and developing gold and other mineral resources. The company operates primarily in South Australia, with a significant emphasis on gold exploration projects.
YTD Price Performance: 20.51%
Average Trading Volume: 1,994,465
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$55.38M
See more data about MEU stock on TipRanks’ Stock Analysis page.