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An announcement from Carawine Resources Ltd. ( (AU:CWX) ) is now available.
Carawine Resources Limited has reported its quarterly activities for the period ending December 2024, highlighting significant progress in program design and planning for copper, gold, and base metal targets at its Baton, Cable, and Magnus tenements. The company anticipates beginning on-ground exploration activities by the second quarter of 2025. Additionally, Carawine is undergoing a compulsory acquisition process by its major shareholder, QGold Pty Ltd, which has filed for approval from the Federal Court of Australia, with a hearing scheduled for June 2025.
More about Carawine Resources Ltd.
Carawine Resources Limited is a company engaged in the exploration of gold and base metals. The company focuses on various tenements in the Paterson province and also conducts prospectivity reviews and target generation across its projects in the Fraser Range and Tropicana North.
YTD Price Performance: 5.00%
Average Trading Volume: 34,662
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$24.79M
For detailed information about CWX stock, go to TipRanks’ Stock Analysis page.
