An update from ECR Minerals ( (GB:ECR) ) is now available.
ECR Minerals has published its audited financial results for the year ending September 2024, reporting a reduced comprehensive loss of £1,183,181 compared to the previous year. The company has made significant progress in advancing its assets, particularly the Blue Mountain project, which shows promising potential for gold production. ECR’s strategic focus remains on cost management and asset development, with plans to bring Blue Mountain into production and explore further opportunities in 2025.
More about ECR Minerals
ECR Minerals is a mineral exploration and development company focused on gold projects in Australia. Its wholly owned subsidiary, Mercator Gold Australia Pty Ltd, holds significant gold projects in Victoria, while another subsidiary, LUX Exploration Pty Ltd, manages exploration permits in Queensland. The company is also engaged in negotiations to acquire Maximus Minerals Ltd.
YTD Price Performance: -23.84%
Average Trading Volume: 24,930,310
Technical Sentiment Signal: Buy
Current Market Cap: £5.09M
For an in-depth examination of ECR stock, go to TipRanks’ Stock Analysis page.