Catalyst Metals Limited (AU:CYL) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Catalyst Metals Limited has reported a strong September quarter, with gold production reaching nearly 28,000 ounces and plans to double production at its Plutonic site over the next three years. The company’s strategic development aims to leverage existing infrastructure for low-cost expansion, bringing multiple mines into production and enhancing operational stability. With a cash reserve of almost A$60 million, Catalyst is well-positioned to achieve its growth targets and increase shareholder value.
For further insights into AU:CYL stock, check out TipRanks’ Stock Analysis page.