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Supernova Metals ( (TSE:SUPR) ) has issued an announcement.
Supernova Metals Corp. has initiated a NI51-101 technical report through UK-based 05 Management Ltd. and Pioneer Oil and Gas Consulting Ltd. for its newly acquired stake in the Orange Basin, offshore Namibia. This strategic move highlights the company’s intent to capitalize on the region’s burgeoning oil and gas prospects, with the Orange Basin poised to become a pivotal player in the global energy market due to its untapped resources, attracting significant international investment.
More about Supernova Metals
Supernova Metals Corp. operates in the energy sector, focusing on oil and gas exploration. The company has recently expanded its interests to include a significant stake in the Orange Basin offshore Namibia, an area recognized for its substantial hydrocarbon potential.
YTD Price Performance: 88.00%
Average Trading Volume: 13,287
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$7.2M
Find detailed analytics on SUPR stock on TipRanks’ Stock Analysis page.