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Carnaby Resources Retracts Statement on Production Target

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Carnaby Resources Retracts Statement on Production Target

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Carnaby Resources Ltd. ( (AU:CNB) ) has issued an update.

Carnaby Resources Limited has retracted a statement made in a recent announcement regarding the potential impact of the Trekelano Acquisition on the Greater Duchess Copper Gold Project’s production target. The company clarified that it has not yet conducted the necessary investigations or provided sufficient information to accurately update the production target to include the Trekelano Acquisition. As a result, investors are advised to disregard the retracted statement.

More about Carnaby Resources Ltd.

Carnaby Resources Ltd. is a company listed on the Australian Securities Exchange (ASX) under the ticker CNB. It operates in the mining industry, focusing primarily on the exploration and development of copper and gold projects. The company’s market focus includes the development of the Greater Duchess Copper Gold Project.

YTD Price Performance: 11.76%

Average Trading Volume: 303,976

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$86.79M

See more insights into CNB stock on TipRanks’ Stock Analysis page.

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