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Cygnus Gold Ltd. ( (AU:CY5) ) has issued an update.
Cygnus Metals Limited has commenced trading on the OTCQB Venture Market under the symbol ‘CYGGF’, which will increase its visibility and accessibility to U.S. investors. This move is expected to enhance the company’s liquidity and expand its shareholder base, particularly as it embarks on an aggressive exploration program for its Chibougamau Copper-Gold Project. The company sees this as an opportune time given the strong outlook for copper, aiming to unlock substantial value with its high-grade resource and further exploration efforts.
More about Cygnus Gold Ltd.
Cygnus Metals Limited is a diversified critical minerals exploration and development company with projects in Quebec, Canada, and Western Australia. The company focuses on advancing the Chibougamau Copper-Gold Project in Quebec and has significant lithium exploration assets in the James Bay district, as well as REE and base metal projects in Western Australia. Cygnus aims to create shareholder value through a proven track record of turning exploration success into production enterprises.
YTD Price Performance: 45.00%
Average Trading Volume: 1,004,771
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$123.1M
Find detailed analytics on CY5 stock on TipRanks’ Stock Analysis page.
