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Mt Monger Resources Ltd. ( (AU:MTM) ) has issued an update.
Metallium Ltd has announced plans to establish an American Depositary Receipt (ADR) program and pursue a Nasdaq listing to enhance its presence in the U.S. capital market. This strategic move is driven by growing U.S. investor interest and aligns with Metallium’s expanding operations in Texas, where its flagship facility will process metals-rich waste and recover specialty metals. The Nasdaq listing is expected to increase Metallium’s visibility and accessibility, broadening its shareholder base and supporting its growth strategy in critical-metals recovery.
The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.
More about Mt Monger Resources Ltd.
Metallium Ltd is an Australian and U.S. company focused on commercializing Flash Joule Heating (FJH) technology, originally developed at Rice University in Houston, Texas. Through its subsidiary Flash Metals USA Inc., Metallium is developing a flagship processing facility in Chambers County, Texas, designed to recover critical and precious metals from complex feedstocks such as electronic waste and mine tailings. The company aims to expand its modular FJH recycling and refining facilities across the United States to enhance supply-chain resilience and independence.
Average Trading Volume: 7,720,714
Technical Sentiment Signal: Buy
Current Market Cap: A$430.5M
Find detailed analytics on MTM stock on TipRanks’ Stock Analysis page.