tiprankstipranks
Advertisement
Advertisement

Santa Fe Minerals Completes Côte d’Ivoire Gold Project Acquisition from WIA Gold

Story Highlights
  • Santa Fe Minerals has closed its purchase of WIA Gold’s Côte d’Ivoire projects, paying with shares and performance rights.
  • The company will now advance exploration across its expanded Ivorian gold portfolio, reinforcing its West African growth strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Santa Fe Minerals Completes Côte d’Ivoire Gold Project Acquisition from WIA Gold

Claim 55% Off TipRanks

WIA Gold Limited ( (AU:WIA) ) has shared an announcement.

Santa Fe Minerals has completed the acquisition of gold projects in Côte d’Ivoire from WIA Gold Limited, issuing 20 million ordinary shares and 8 million milestone-based performance rights as consideration under a binding share sale agreement. With all conditions now satisfied, the company plans to advance exploration planning across its enlarged West African gold portfolio, signaling a strategic push to grow its resource base and strengthen its positioning in a region that remains a key focus for global gold explorers and investors.

The most recent analyst rating on (AU:WIA) stock is a Hold with a A$0.43 price target. To see the full list of analyst forecasts on WIA Gold Limited stock, see the AU:WIA Stock Forecast page.

More about WIA Gold Limited

Santa Fe Minerals Ltd is an Australia-based mineral exploration company focused on gold projects, with an expanding portfolio in Côte d’Ivoire, where it is seeking to build its presence in West Africa’s gold sector.

Average Trading Volume: 1,880,950

Technical Sentiment Signal: Buy

Current Market Cap: A$649.2M

See more data about WIA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1