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Medallion Metals Ltd ( (AU:MM8) ) just unveiled an announcement.
Medallion Metals Limited has announced an update regarding its proposed acquisition of the Forrestania Nickel Operation from IGO Limited. The companies have agreed to extend the deadline for satisfying conditions precedent to February 20, 2026, allowing more time to finalize the acquisition. Medallion will cover project-related costs during this period. The company is advancing key approvals and documentation, aiming for completion by early 2026, which will enable a final investment decision.
The most recent analyst rating on (AU:MM8) stock is a Hold with a A$0.42 price target. To see the full list of analyst forecasts on Medallion Metals Ltd stock, see the AU:MM8 Stock Forecast page.
More about Medallion Metals Ltd
Medallion Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources, particularly gold and nickel. The company is engaged in acquiring and developing mining projects to enhance its market position.
Average Trading Volume: 1,278,875
Technical Sentiment Signal: Buy
Current Market Cap: A$254.6M
See more insights into MM8 stock on TipRanks’ Stock Analysis page.