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An update from Ragusa Minerals Ltd ( (AU:RAS) ) is now available.
Ragusa Minerals has told the ASX it is not aware of any undisclosed information that would explain recent trading activity in its shares, reaffirming its compliance with continuous disclosure obligations. The company confirmed it is progressing corporate steps to complete the acquisition of an approximately 60% controlling interest in Pegasus Tel Inc. and the Purple Pansy Manganese-Gold Project in Arizona over the coming weeks, while continuing to review additional strategic mineral project opportunities around Purple Pansy in a district with historical gold and manganese operations, against a backdrop of improving market sentiment toward US-based precious and strategic mineral projects.
The most recent analyst rating on (AU:RAS) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Ragusa Minerals Ltd stock, see the AU:RAS Stock Forecast page.
More about Ragusa Minerals Ltd
Ragusa Minerals Ltd (ASX: RAS) is an exploration-focused resources company pursuing exposure to precious and strategic minerals, including gold and manganese, with a growing focus on projects in the United States such as the Purple Pansy Manganese-Gold Project in Arizona.
Average Trading Volume: 403,111
Technical Sentiment Signal: Buy
Current Market Cap: A$8.02M
For an in-depth examination of RAS stock, go to TipRanks’ Overview page.