IMC Exploration Group Plc ( (GB:IMC) ) just unveiled an announcement.
IMC Exploration Group Plc has reported its unaudited half-yearly financial results for the period ending December 2024, highlighting significant progress in both Ireland and Armenia. The company is advancing its projects in response to the EU’s Critical Raw Materials Act, with plans to process spoils and tailings in Avoca, Ireland, and exploring opportunities to re-open the Avoca copper mine. In Armenia, IMC is working towards dual listing on the Armenian Securities Exchange and has secured a contract to process ore at the Masis plant. The company is optimistic about its development prospects given the rising prices of gold, silver, and copper, and the supportive regulatory environment.
More about IMC Exploration Group Plc
IMC Exploration Group Plc operates in the exploration and mining industry, focusing on the extraction and processing of critical raw materials such as copper, lithium, and cobalt. The company is involved in projects in Ireland and Armenia, with a market focus on clean energy and digital systems.
YTD Price Performance: 5.00%
Average Trading Volume: 279,120
Technical Sentiment Signal: Buy
Current Market Cap: £3.8M
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