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Corcel ( (GB:CRCL) ) has issued an announcement.
Corcel PLC has reported its final audited results for the year ended June 30, 2024, highlighting a year of strategic realignment and operational milestones. The acquisition of a 90% interest in APEX and increased equity in Angola’s Kwanza Basin have strengthened Corcel’s position in the energy sector, with significant progress made in exploration and production projects. Financially, the company has raised capital to support its strategic objectives while minimizing shareholder dilution. Corcel’s focus on Angola, Brazil, and battery metals positions it as a dynamic player poised to thrive in the evolving energy landscape.
More about Corcel
Corcel PLC is an energy company focused on high-impact oil and gas exploration in Angola’s Kwanza Basin, low-risk production from onshore Brazil, and the development of battery metals assets. The company aims to deliver sustainable value through its diversified energy asset portfolio, leveraging its historical assets and strategic partnerships.
YTD Price Performance: -75.00%
Average Trading Volume: 45,547,593
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £6.35M
For an in-depth examination of CRCL stock, go to TipRanks’ Stock Analysis page.
