QMines Ltd. ( (AU:QML) ) just unveiled an announcement.
Resources & Energy Group Limited (ASX: REZ) has announced the sale of its Mount Mackenzie Gold Project in Queensland to QMines Limited (ASX: QML) for $2.485 million. This strategic divestment allows REZ to focus on its East Menzies Gold Project in Western Australia, while QMines expands its portfolio of gold assets in Queensland, enhancing its position as a leading explorer in the region.
More about QMines Ltd.
YTD Price Performance: -30.0%
Technical Sentiment Signal: Buy
Current Market Cap: €9.96M
For a thorough assessment of QML stock, go to TipRanks’ Stock Analysis page.