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Adriatic Metals Plc ( (GB:ADT1) ) has shared an update.
Adriatic Metals Plc successfully completed an equity raising of approximately A$80 million through a two-tranche institutional placement. The funds will be used to expedite the expansion of the Vares Processing Plant and support production growth at the Rupice Mine, positioning the company for future growth and increased production capacity.
More about Adriatic Metals Plc
Adriatic Metals Plc is a company operating in the mining industry, primarily focused on silver operations. It is listed on various stock exchanges, including ASX, LSE, and OTCQX, and aims to increase production at its Vares Silver Operation.
YTD Price Performance: 12.39%
Average Trading Volume: 91,424
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £686.5M
For an in-depth examination of ADT1 stock, go to TipRanks’ Stock Analysis page.
